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1485 10th Ave NE, Sauk Rapids, MN, 56379

EOSIS Bridge Treatment Center
$10,746,082

Key Information

Cap Rate
7.3%
$ per SF
$200
Tot. SF
53,762
Lot Size
4.83 Acres
Year Built
2007 / R 2014
Term Remaining
± 11 Years
Type
Healthcare
Occupancy
100%
NOI
$784,464

Highlights

  • Growing Behavioral Health Operator: The property is leased to Bridge Recovery, LLC d/b/a EOSIS, with a corporate guaranty from Meridian Behavioral Health, a well-established behavioral health provider with a growing regional footprint of 20+ locations and strong operational backing.
  • Long-Term Lease Security: The asset features approximately ±11 years of remaining lease term, offering durable and predictable cash flow with long-term income visibility.
  • NNN Lease Structure: The lease is structured as triple-net (NNN), minimizing landlord responsibilities and limiting exposure to operating expense volatility.
  • 3% Annual Rent Increases: The lease includes 3% annual rent escalations, providing consistent year-over-year income growth and an effective hedge against inflation. Most similar properties only offer 2% annual increases or 10% every five, which offers much lower income growth over time.
  • 92+ Billion Growing Behavioral Health Sector: Strong underlying sector fundamentals with the U.S. behavioral health market projected to grow from $92.1 billion in 2025 to $132.5 billion by 2032, representing a 5.3% CAGR. Growth is being driven by increasing prevalence of mental health conditions and substance use disorders, alongside rising demand for treatment services, positioning the sector for sustained long-term expansion.
  • Attractive Cap Rate for Long Term Lease: The property is being offered at an attractive 7.30% cap rate, providing investors with strong in-place yield relative to comparable healthcare assets

Photos

Location

Agents

Broker of Record

Kurt Sauer

License # 41005445, 40628602 (MN)
Matthews of Minnesota, LLC
701 Xenia Ave S, Ste 485 Minneapolis MN 55416