Overview

Description

Condor Commercial is pleased to present this ResCare STNL asset in Redwood City. This facility has been at this location for approximately 21 years, and there is a strong probability that ResCare will renew the lease.
This location has been improved and permitted for assisted care, and ResCare has invested a significant amount of resources in retrofitting and permitting the house. This makes it unlikely that the tenant will leave, as it would be very difficult to relocate, considering the time and funds required to replace and retrofit a new location.
Moreover, the asset is located in a prime location, providing the opportunity to to redevelop the property in the future.

Highlights

• Asset in Strong Location.
• High Probability of Lease Renewal
• Well known Assisted Living Operator

Documents

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