HCA Emergency Room Texas City
US - Texas City, TX
€4,796,000 | 743 m²
Healthcare
Under Contract
HairClub Restoration & Treatment Center
1266 Andes Blvd, St. Louis, MO, 63132-1702, US
Gallery
Asset Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the Hans Wiemann Hair Restoration and Treatment Center Sale-Leaseback. Upon closing, the Asset will be 100% long-term leased to Hair Club for Men, LLC (dba HairClub), a major operating subsidiary of multinational hair care provider Aderans Co. Ltd. (the “Guarantor”), whose established brands include HairClub®, Bosley®, Fontaine®, and Aderans®.
This offering presents the opportunity to acquire a well-established medical office 100% leased to one of the world’s top-ranked hair treatment care brands located in a growing suburb only 12 miles west of downtown St. Louis.
Attributes
Asking Price
€2,902,000
Building area gross
1,130 m²
Occupancy
100.00%
Year built
1967
Land area Gross
0.00 km² (2,833 m²)
Investment Highlights
- 15-year absolute NNN lease with zero landlord responsibilities and 2.0% annual rent escalations
- Industry-leading hair care operator boasting $168+ million of revenue in 2021
- 100% guaranteed by global hair solutions conglomerate, Aderans Co. Ltd.
- Long-standing hair care provider with deep roots in St. Louis for 55+ years
- Expansive real estate footprint totaling 120+ facilities throughout North America
- Dense St. Louis medical office market and among the largest in the Midwest
- Outstanding infill location containing 266,000+ residents boasting an average HH income over $108,000 (five-mile radius)
- Situated in a dense retail and industrial corridor with traffic counts of over 15,200 VPD
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Last updated
5 Feb 2023