Boulder, CO - Sandstone Care

Description:

• The tenant has 15+-years remaining on its lease with 2 (5-year) option periods to extend
• The lease is corporately guaranteed by Sandstone Care Holdings, LLC
• In 2025, the property recently completed major exterior and interior renovations to the improvements at an approximate cost of $8 million, providing potential buyers with new, updated infrastructure

• Founded in 2015 and headquartered in Denver, CO, Sandstone Care is a leading provider of high-quality care for young people facing a range of behavioral and mental health conditions
• Sandstone Care operates across Colorado, Maryland, Illinois, and Virginia
• Chicago based private equity firm, The Vistria Group ($11 billion in AUM), recently acquired Sandstone Care in 2022
• The Vistria Group is one of health care’s most active private equity investors, particularly in behavioral sciences and hospice care