$5,743,340 USD
612-332-6600
11400 Julianne Ave N
Stillwater, MN 55082
Washington Far Eastern Suburbs
HIGHLIGHTS
- Annual rent increases the greater of 3% or CPI, 5% cap per year, but any excess carries over.
- 36 Bed Dual-Diagnosis Residential Chemical Dependency Treatment Facility.
- Operated as chemical dependency center for 30 years.
- Lease guaranteed by EOSIS (Formerly Meridian Behavioral Health, LLC)
- EOSIS was purchased by Renovus Capital in October 2023.
- Renovus Capital Partners is a private equity firm that invests in small and mid-sized businesses.
FOR SALE DETAILS
PRICE
$5,743,340 USD
PRICE/SF
$408 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cedar Ridge - EOSIS Behavioral Health
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
41.02 AC
LAND SF
1,786,831 SF
ZONING
-
APN/PARCEL ID
03-030-21-42-0001
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612-332-6600
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612-332-6600
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