List Search

15 Silvercrest Pl
Iowa City, IA 52240

Price Upon Request

Rehabilitation Center For Sale  •  28,056 SF

Property Details

  • Property Type Rehabilitation Center
  • Total Building Size 28,056 SF
  • Lot Size 2.37 AC
  • Building Class C
  • Year Built 2001
  • Zoning MFD
25 Transit Score
16 Walk Score

Highlights

HIGH NET WORTH PERSONAL GUARANTEE – Each lease will be personally guaranteed by a principal of the operating company
LONG-TERM LEASES – The tenant will execute 15-year leases at each site at closing, eliminating any potential near-term rollover risk.
ABSOLUTE NNN LEASES – Each site will feature an absolute NNN lease with no landlord responsibilities, making these investments hands off
ATTRACTIVE ANNUAL ESCALATORS – The leases across each site in the portfolio will include 3% annual rent escalators
GROWING OPERATOR – The operator is on track to expand their footprint significantly this year while planning to open 30 new centers nationwide
BEST-IN-CLASS MANAGER – Managed by Ascension Recovery Services, these facilities benefit from the organization’s extensive experience and success

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 42 min - 28.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes