LHC Group, Inc | Absolute Triple Net (NNN) Lease

Highlights:

• Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
• Well Below Market Rent; The Subject Rent is $16.33 and the Market Rent is $19.55 Per Foot
• Corporately Guaranteed By LHC Group, Inc Which is a Publicly Traded Company (Market Cap – 6.31 Billion)
• LHC Group is the Second Largest Home Health Care Agency in the United States
• LHC Group is the Preferred In-Home Healthcare Partner For 400 Leading Hospitals Around the Country
• Strategically Located in a Major Medical Corridor Less Than 2-Miles From the Health First Viera Hospital
• Strong Home-Health Demographics With Over 25% of the Population Being Over 65 Years of Age Within a 5-Mile Radius
• The Average Household Income Exceeds $102,100 Within a 5-Mile Radius
• The Property is Located Just Off of Murrell Road Which Sees Approximately 19,300 VPD
• Nearby Tenants Include: Target, Hobby Lobby, Walmart Supercenter, Outback Steakhouse, Walgreens, Publix, AMC Avenue 16, Belk, PetSmart, Domino’s Pizza, Taco Bell, Walgreens and Many More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 19,335 SF LHC Group Home Healthcare Located at 8060 Spyglass Hill Road in Melbourne, Florida. With Over 6 Years Left on an Absolute Triple Net (NNN) Lease and Attractive CPI Annual Increases, This Opportunity Provides For a Best-of-Class Investment With Income Growth of an Established Tenant in the Desirable South Florida Market.



In Cooperation With SIG RE Services, LLC
Lic. # CQ1055229

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