EOSIS Behavioral Health Portfolio
$15,594,553
3329 University Avenue Southeast, Minneapolis, MN 55414
8
Cap Rate
1,247,564
NOI
Details:
Description:
Portfolio of Opiate and Behavioral Health Treatment Centers in Minnesota. NNN
leases with annual rent increases, ranging from 2.50% - 5.00%.
These locations have operated as either Opiate Treatment Centers or Behavioral
Health Centers from 20 to 50 years. It is extremely challenging to receive zoning
approval for Behavioral Health centers, making renewal highly likely due to these
barriers to entry.
Behavioral Health Group has a lease guaranty by BHG Holdings LLC with 114 locations
in 22 states. BHG is the largest network of opioid treatment centers in the U.S. This
location is outpatient only.
EOSIS (Formerly Meridian Behavioral Health, LLC), operates 21 locations throughout
MN. Renovus Capital purchased EOSIS in October 2023. Renovus manages over $2
Billion across sectors focused on Healthcare, Education, Technology, and Professional
Services.
Northstar Behavioral Health currenly operates 8 locations in the Twin Cities metro.
Prior tenants operated as chemical dependency center for 20+ years.
Documents:
| Title | ||
|---|---|---|
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EOSIS_Behavioral_Health_Portfolio_-_R.pdf
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Location
Gallery