Boulder, CO - Sandstone Care

Description:

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, recently remodeled, Sandstone Care investment property located in Boulder, Colorado. The tenant, Sandstone Care Cos, LLC, has 15+ years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features variable rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal investment opportunity for a passive investor. In addition, in July of 2025, the property completed major exterior and interior renovations to the improvements at an approximate cost of $10 million.

• 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