- Inflationary Protected Lease: This lease features above market, 2.50% annual rent increases, providing a major cash flow boost and equity appreciation tool, along with being a great inflationary hedge for investors.
- High-Demand Sector in Healthcare: Global addiction rehab facilities, according to Market.us, is projected to reach a market value of $31.3 Billion by 2032 growing at a CAGR of 7.4% from 2023 to 2032 due to surging rate of drug addiction among teenagers and rising patient awareness.
- Extremely Passive NNN Lease: Landlord will benefit from a “hands-off” investment as the tenant takes care of all taxes, insurance, and maintenance/repairs associated with the property.
- Sticky Investment: Rehabilitation centers rarely relocate due to established clientele and the specialization of the facility’s interior
- First-Tier Treatment Center: Serenity Light Recovery offers a variety of services including inpatient and outpatient rehab support, drug & alcohol detox programs, cognitive-behavioral therapy, holistic treatment, and family therapy.
- 5th Most Populous MSA in U.S: The Houston MSA boasts both dense demographics as well as one of the world’s largest economies with a 2021 GDP over $537 Billion stemming from its major contributions in the energy, healthcare, biomedical, and aerospace industries.
- E-Commerce Resistant Property: Medical offices are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
- Tax-Free State: Texas has zero income tax for real estate investments.
- Outstanding Reviews: The treatments offered at this facility have succeeded in changing multiple clients lives for the better and have amassed over 150 reviews on Google and Facebook averaging 4.8/5 Stars.
- In-Network Patient Care: The recovery center works with 12 of the largest health insurance groups offering a new owner confidence that the tenant will continue to attract more and more clients through referrals.
- Long-Term Operating History: Since 2014, Serenity Light Recovery has been operating out of this facility.
Andrew Fagundo, Michael Moreno, and Rahul Chhajed (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the TexasAdministrative Code)