Medical Sale Leaseback | Oxford, MS | 7.25% Cap Rate

Property Description

CLOSED

  • Building Size:  ±6,208 sq. ft.*
  • Lot Size:  ±0.76 acres*
  • Lease Type:  Absolute NNN
  • Tenant Entity:  Willow Pain & Wellness, LLC
  • Initital Lease Term:  10-years
  • Five (5), Five (5) year options
  • 10% increase per option
  • Guarantor:  Personal (Full 10-year primary term)

Tenant Profile:  Willow Pain & Wellness utilizes a comprehensive, multimodal approach to the management of a multitude of chronic painful conditions, including procedural, medical, psychotherapeutic, and rehabilitative efforts.  Dr. Kirk Kinard has a special interest in, and will focus his general approach, toward acheiving his treatment goals (pain relief, improved physcial function, enhanced quality of life) while minimizing the role of medications which can result in chemical dependency and addition.

*Source:  Owner provided data.

IMPORTANT:  The price listed herein is the offering (listing) price not the final sale price.  The final sale price is confidential.

General Info

Category: Recent/Closed Projects

Type: Investment

Price: $2,140,690 | 7.25% Cap Rate

Address: 2215 Jefferson Davis Drive, Oxford, MS 38655

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