Foundation, Exterior Walls, Roof, Structure, and major plumbing and Electrical
Renewal Options:
Month to Month, subject to LL approval
Building Sq. Ft.:
3,496 SF
Rent Increases:
3.00% Annually
Site Size:
0.30 Acres
Investment Highlights
Strong Corporate Lease: Corporate guarantee from Plumas District Hospital (PDH). PDH is a critical access hospital located in Quincy, CA
Strong Rental Increases: 3.0% Annual increases throughout the main term and options
Low Rent: This is a new lease at a low rent, which will help longevity and profitability at this site
Small Price Point Deal: Bite size healthcare investment with a large corporate tenant. Perfect asset for 1031 exchange buyer or first time healthcare investor
Critical Access Hospital: High quality healthcare provider which offers an array of services. 16 licensed beds and over 235 employees
Strong Retail/Medical Location: This asset is location on Main Street, right next to the High School and primary grocery anchored shopping center
Community Investment: PDH has spent millions over the last year, updated their facilities, mostly on new equipment and a new construction skilled nursing facility, which will serve the local community
Norther California Location: The property is a short drive from Lake Tahoe, Reno Nevada and Sacramento
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