For Sale: New to Market | 57-Unit Memory Care Asset | Simpsonville, SC | 7.00% Cap | 15 Year Absolute NNN Lease

Investment Highlights

  • New 2017 Construction
  • Absolute NNN Lease
  • 15 Years of Lease Term Remaining
  • 2.00% Annual Rental Escalations
  • Three, 5-year options
  • 5.82 Acers
  • 38,500 Square Feet

Tenant Overview

Memory Care America, LLC (“MCA”) based in Nashville, Tennessee, was formed in July 2012 to develop, acquire, and operate freestanding memory care assisted living units dedicated solely to residents with Alzheimer’s and other forms of dementia.

MCA dedicates 100% of its resources, research, and staff to the ownership and operation of specialized memory care facilities within the assisted living industry.

The MCA ownership and management team is led by an experienced group of senior healthcare professionals with successful track records in founding, growing, and exiting multiple start-up healthcare ventures.

Contact Information

Josiah Byrnes
Vice President
JByrnes@EmbreeGroup.com
+1 719.243.6569
Klinton Lewis
Associate – Net Lease Services
KLewis@EmbreeGroup.com
+1 512.819.4729

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