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Pinnacle Treatment Centers - Brilliant, OH

1479 3rd St, Brilliant, OH, 43913-1000, US

Pinnacle Treatment Centers - Brilliant, OH_Propriétés en vente

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Pinnacle Treatment Centers - Brilliant, OH 2_Propriétés en vente

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee-simple interest in the Pinnacle Treatment Center (“Pinnacle”) located in Brilliant, Ohio.


Pinnacle Treatment Centers is one of the nation’s leading providers of high-quality alcohol and substance abuse services, treating over 33,000 people daily and offering a wide variety of substance treatment options both in-house and as part of their outpatient treatment services. Over the last two years, Pinnacle has seen their service facility count grow by 31% with a strong commitment to grow its existing programs and open new locations in new and existing markets.


The subject Property is 100% leased to Pinnacle Treatment Centers with just over 2.5 years of lease term remaining and three, five-year renewal options, providing investors with a growing income stream with 2% annual increases from one of the largest substance treatment providers in the country.


Bill Poffenberger

Managing Director

OH-352247

Bill.Poffenberger@am.jll.com

Caractéristiques

Asking Price
669 000 €
Building area gross
418 m²
Occupation
100,00 %
Année de construction
2009
Cap Rate
7,37 %
NOI
50 000 €

Informations Clés

  • Pinnacle Treatment Centers is a multi-state operator currently servicing 9 states
  • Pinnacle currently treats over 33,000 patients each day at over 130 locations - making Pinnacle one of the largest opiate treatment service providers
  • Over the last two years there has been a 31% growth in Pinnacle facility locations
  • Significant traffic increase is projected with the new Wellsburg bridge connecting Ohio to West Virginia, located directly across the street from the asset
  • Favorable yield profile with sticky in-place tenancy
  • Attractive 2% annual increases throughout the primary and renewal option periods
  • Medical office investment opportunity
Pinnacle Treatment Centers - Brilliant, OH 4_Propriétés en vente
Pinnacle Treatment Centers - Brilliant, OH 4_Propriétés en vente

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Dernière mise à jour
30 nov. 2022