HIGH-CALIBER OPERATOR: The property is leased to Sanderling Renal Services – a renal services operator with 19 locations. |
STRONG SUBMARKET POSITIONING: Sanderling is located just off CA-125 on Otay Lakes Road in the heart of a major cluster of office & retail development. |
CLASS “A” REAL ESTATE: This property, constructed in 2008, features appealing finishes and boasts significant curb appeal. |
SIGNIFICANT TENANT INVESTMENT: Tenant has invested over $1MM in tenant improvements beyond landlord’s allowance thus demonstrating their commitment. |
HEDGE AGAINST INFLATION: The tenant’s lease features annual rental bumps with an average escalator of 3%. |
CREDIT-ENHANCED LEASE: Investors will benefit from a credit-enhanced lease which includes a corporate and personal guarantee. |