2020 Hospital Dr - Single Tenant Net Lease Medical Building 12,541 SF Health Care Building Offered at $7,587,951 CAD at a 6.75% Cap Rate in Windom, MN 56101

Institutional-quality single tenant net lease medical office investment offering a 6.75% cap rate on $5,481,000 asking price. This 12,541 SF Class A build-to-suit facility was constructed in 2020 and features a pristine absolute triple net lease structure with investment-grade tenant Avera McKennan (AA- S&P/Fitch rating). The lease delivers 15 years of remaining term with two five-year extension options and includes 5% rent escalations every five years, providing predictable income growth and inflation protection. Avera Health operates over 300 care sites across five states with $3.2 billion in audited operating revenues and $1.8 billion in liquidity, representing one of the Upper Midwest's most stable healthcare systems. Avera McKennan is the flagship hospital comprising over 60% of system revenues and serves as joint guarantor on credit-rated bonds. Located in Windom, Minnesota on 6.52 acres with 48 surface parking spaces (3.83/1,000 ratio), the property benefits from Avera's commitment to rural healthcare delivery across the region. This turnkey investment requires zero landlord responsibilities and offers exceptional credit quality rarely available in secondary markets. Contact listing broker for additional financial details. Note: No buyer broker fee paid by seller.