The Offering
CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the Cadence Outpatient Portfolio (“The Portfolio”) for purchase. The 100% leased Portfolio consists of two (2) medical office buildings totaling 45,269 rentable square feet with an average remaining lease term exceeding 9 years. Approximately 78% of the portfolio is anchored by Cadence Health affiliated tenancy, which maintains an ‘AA’ investment grade credit rating from Fitch Ratings. The portfolio provides an incoming investor tremendous value with stable investment grade credit tenancy and convenient outpatient locations.
Investment Highlights
•Prominent Health System Credit Tenancy
•Convenient Care Model
•$100,000+ Average Household Income
•Limited Rollover Exposure
•Appealing Senior Demographic Trends
•Certificate of Need (CON) State
•Delivered Free and Clear of Existing Debt
OFFERING INFORMATION
PORTFOLIO PRICE: Best Offer
PORTFOLIO SIZE: 45,269 SF
YEARS BUILT: 2000 & 2008
OCCUPANCY: 100%
IN-PLACE NOI: $1,129,419
CBRE U.S. HEALTHCARE CAPITAL MARKETS
Chris Bodnar
Senior Vice President
+1 303 628 1711
chris.bodnar@cbre.com
Lee Asher
Senior Vice President
+1 404 504 5965
lee.asher@cbre.com
CBRE CHICAGO HEALTHCARE BROKERAGE
Gary Fazzio
Vice Chairman
+1 630 573 7090
gary.fazzio@cbre.com
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