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202 E 50th Street, Joplin, MO, 64804

Mercy Health Primary Care

$7,677,189

Key Information

Cap Rate
5.75%
Tot. SF
13,594
Lot Size
2.77 Acres
Year Built
2016
Term Remaining
± 10 Years
Type
Healthcare
NOI
$441,438

Highlights

• On-Campus Fee Simple Mercy Primary Care Facility
• Corporate Lease Guaranty from Mercy Health | A+ Credit rating (S&P Global) | Investment Grade
• Leading Hospital System | $10.2 Billion in Revenue | Multi-State Footprint
• 2016 Purpose-Built Facility | Build-to-Suit for Mercy Health
• 20 Year NNN Lease | 10 Years Remaining | 4 x 5 Year Options
• Triple-Net Structure | Ideal 1031 Exchange Opportunity
• 1.5% Annual Rental Increases | Built-In Inflation Protection
• Primary Care Facility | Premier Asset Class | Resistant Healthcare Real Estate
• Joplin, MO | Ideal Healthcare Hub Location | Dominant Market

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 2017010164, 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203