Peak View Behavioral Health

JLL is pleased to offer the opportunity to acquire Peak View Behavioral Health, a 142-bed inpatient behavioral hospital located at 7353 Sisters Grove, Colorado Springs, CO (the "Property" or "Asset"). The Asset is 100% leased to Peak View Behavioral Health (the "Tenant"), with 19.5 years of remaining primary lease term, four (4), five-year renewal options, and a parent company guarantee.

The Property serves as a behavioral health center with several specialty inpatient and outpatient services including general psychiatric, substance use treatment, and addiction recovery for adults, children and families operating under the Summit Behavioral brand. The Property benefits from the Tenant’s steady capital improvements, notably the most recent expansion of 32 additional beds to the facility in the most recent years.

The Tenant is a 100% wholly owned subsidiary of Summit Behavioral Healthcare, a 38-unit entity with 26 specialty inpatient medical centers and revenues exceeding $636M. With over 14 years of operational site-history, the facility has steadily grown from 112-beds in 2012 to 142-beds at present to accommodate the increased demand for behavioral health services at the Property.

The Asset is strategically located in Colorado Springs, adjacent to CommonSpirit St. Francis Hospital (317 beds) and several private healthcare practices.

Situated on an 8.2-acre parcel, the Property benefits from its location with direct access via E Woodmen Rd, which sees over 45,000 vehicles per day. The surrounding area features strong demographics, with an average household income north of $135,000 within a three-mile radius and population surging by 43% growth since 2010.

This unique opportunity offers investors the ability to acquire a high-quality healthcare asset with zero landlord responsibilities in a strong medical market leased to an institutional grade operator. The Asset provides secure, long-term cash flow backed by an established and financially strong tenant in a key regional healthcare hub.