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Pinnacle Treatment Center 2060 N State Road 1 24,767 SF Office Building Cambridge City, IN 47327 $14,100,505 CAD ($569.33 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 2016 Construction with Major 8,800+ Square Foot Expansion in 2020
- Absolute Net Lease
- Pro Forma Cap Rate: 7.87%
- 11 Years Remaining on the Lease
- Annual Rent Increases
- Pinnacle Treatment Centers have 135 Locations in 9 States
Executive Summary
Pinnacle Treatment Centers is a leading provider of comprehensive addiction and substance use disorder treatment services in the United States. Founded in 2006, the organization has grown from a small outpatient provider in Pennsylvania into a large, community-based treatment network serving more than 35,000 patients daily across over 135 locations in nine states, including California, Georgia, Indiana, Kentucky, New Jersey, North Carolina, Ohio, Pennsylvania, and Virginia.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
24,767 SF
Building Class
C
Year Built/Renovated
2016/2020
Price
$14,100,505 CAD
Price Per SF
$569.33 CAD
Cap Rate
6.50%
NOI
$917,030 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
24,767 SF
Building FAR
0.05
Lot Size
11.04 AC
Zoning
ZO01
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 89-08-11-000-214.001-015 | Improvements Assessment | $0 CAD |
| Land Assessment | $25,675 CAD | Total Assessment | $25,675 CAD |
Property Taxes
Parcel Number
89-08-11-000-214.001-015
Land Assessment
$25,675 CAD
Improvements Assessment
$0 CAD
Total Assessment
$25,675 CAD
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Pinnacle Treatment Center | 2060 N State Road 1
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