Net Lease-Investment Sale-Millbrook, AL
Bennett Realty & Development announces the sale of rapidly expanding urgent care centers in Millbrook, AL. One of the original locations, lease extended 10 years with annual rent bump.
This company is committed to helping heal their community, FAST! They work hard to make sure their patients don’t have to travel far from town to take care of their health needs. From urgent care to illness care to preventative care and now primary care, they focus on delivering high-quality medical care for the entire family.
Bennett Realty & Development chose Pegasus Capital Markets to originate the financing. Bill Howard (BRD) represented the buyer. The STNL with financing generates 8+% annual ROI after debt service.
Tax benefits include depreciation amortization, in this case, cost segregation. The 10-year treasury is 1.49%.
For more information on this sale or if you need representation on purchasing/selling an STNL asset, please contact: