Absolute NNN Lease – Residential Behavioral Healthcare Facility

Highlights:

• Absolute NNN Lease of a DFW inpatient behavioral health property, totaling 130 beds
• Full corporate guaranty from parent company boasting over $ 32 .6 million and $ 6M+ in Total Revenue and EBITDA , respectively, for FY 2025
• The lease is supported by a full parent guarantor, Discovery Point, that remains in place throughout the term, providing consistent and reliable credit backing
• The asset operates under an absolute NNN lease structure, offering passive ownership with minimal landlord responsibilities . Annual contractual rent escalations further enhance income growth
• 12 years of remaining initial lease on the asset (Gaston)

Description:

Located at 4712 Gaston Ave in Dallas, the 30 ,800 SF asset operates as a residential sober living home offering a variety of floor plans to patients receiving care at the nearby Discovery Point Retreat Dallas outpatient office, a profitable platform with approximately 130 beds. Gaston produces $939,360 of annual rent with 12 years of remaining initial term and 3% annual escalators, and has benefited from significant interior capital improvements, including newly installed central air conditioning in all units, over the last decade.

The asset is encumbered by an absolute NNN lease with no cancellation clauses and no expense leakage to the landlord, with two five -year extension options. The lease is fully guaranteed for the full term by the TopCo parent, Discovery Point MSO, a Joint Commission accredited, in-network behavioral healthcare provider with over $6M of EBITDA.

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