Sale Leaseback Portfolio 4 Properties Offered at $6,425,135 CAD in Multiple Locations

Property Features:
- Lease Terms May be Adjusted to Better Suit Investor Needs.
- Sale-Leaseback Opportunity from Thriving Health and Wellness Organization.
- The Residential OR Commercial Package may be Purchased Individually!
- All Buildings Purchased and Renovated within the Past 5 Years.
- Renovations Vary by Address but Include Fully Interior Renovations, Plumbing and Electrical Upgrades, and Recent Roof HVAC Replacements.
Current Facility Use:
- 1406 16th St Vero Beach, FL 32960 – Mental Health Outpatient Services
https://behavioralhealth.purhealth.us/
- 6609-6623 N US Highway 1, Fort Pierce, FL 34946 – Detox & Residential
Impatient Treatment https://recovery.purhealth.us/
- 1581 & 1595 Old Dixie Hwy., Vero Beach FL, 32960 – PHP/IOP Addiction & Substance Abuse Programs
Financial Summary - Lease Terms May be Adjusted to Better Suit Investor Needs
Parent Company: VBREP LLC
Total Square Footage: 24,594
Average Lease Expiration: February 2034 (8 Years Remaining)
Lease Structure: Triple Net (NNN)
Current Base Rent: $352,103.46
Rental Increases: 3% Annual
Renewal Options: Two, 1-Year Options (3% Increases)
Landlord Responsibilities: Roof, Structure, Common Area Maintenance (All Operating Expenses Billed Back to Tenant Including Amortized Capital Improvements or Repairs)
Tenant Responsibilities: All Interior Repairs & Maintenance Incl. HVAC
PORTFOLIO SUMMARY: Four Commercial Buildings Totaling 24,594 Square Feet.
NOI: $352,103.46
CAP RATE: 7.49%
SALE PRICE: $4,700,000