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505 N 25th Street, 202 E. 50th Street, 4280 Mid America Lane, Ozark, Joplin, St. Louis, MO

Mercy Primary Care Portfolio

$19,776,378

Key Information

$ per SF
$505
Tot. SF
39,113
Units
3
Year Built
2016
Term Remaining
± 10 Years
Type
Healthcare
NOI
$1,173,354

Highlights

Joplin

• 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

Ozark

• Corporate Lease Guaranty from Mercy Health | A+ Credit Rating (S&P Global) | Investment Grade
• Mission-Critical Mercy Primary Care Facility | Springfield MSA Location | Fee Simple Ownership
• Leading Health 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 Healthcare Asset Class | Recession-Resistant Investment
• Springfield MSA | Rapid Population Growth | Strong Demographic Fundamentals

St. Louis

• Corporate Lease Guaranty from Mercy Health | A+ Credit Rating (S&P Global) | Investment Grade
• Long-Term Lease | 20-Year Initial Term | Four (4) Five-Year Renewal Options
• Purpose-Built Medical Facility | Sticky Healthcare Tenancy | Designed Specifically for Mercy Health
• Leasehold Investment | Favorable Depreciation Opportunity
• 1.5% Annual Rental Increases | Built-In Inflation Protection
• Triple-Net Lease Structure | Passive Investment
• One of the Nation’s Largest Health Systems | $10.2 Billion in Annual Revenue
• Strategic St. Louis Location | 142,000+ VPD Along Interstate 55 | Ideal Retail Dense Location
• 175K Dense & Affluent South St. Louis Demographics
• Located Within an Established Medical & Commercial Corridor
• Mission-Critical Outpatient Healthcare | Recession-Resistant Asset Class
• Limited Landlord Obligations | Predictable Ownership Costs
• Ideal 1031 Exchange Opportunity | Predictable Long-Term Cash Flow

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