The Boulder Group is pleased to exclusively market for sale a single-tenant net-leased Arbor Wellness property located in Brentwood, Tennessee, within the Nashville MSA. Arbor Wellness operates under a 10-year lease that extends through September 2033. The lease is absolute triple net, offering no landlord responsibilities, and includes 3% annual rental escalations throughout the primary term. The lease also provides two 5-year renewal options at fair market rental value, with a minimum increase of 103% over the preceding year. The tenant is currently paying signi?cantly below the submarket rent of $33.04/SF, as reported by CoStar. Demonstrating strong commitment to the location, Arbor Wellness invested $3,000,000 into the property’s build-out in 2023. Further enhancing the property’s appeal, it is situated in Tennessee, an income tax-free state, providing a favorable ?nancial environment for tenants and investors alike.
The 28,639-square-foot building is strategically located on the corner of Maryland Way and Winners Circle, which experiences over 15,300 vehicles per day. It bene?ts from its proximity to two major thoroughfares: Interstate 65 (168,000 VPD) and Old Hickory Road (58,700 VPD. The property is surrounded by an affluent community with an average household income exceeding $237,000 within a three-mile radius. Additionally, the area boasts a population of 99,309 residents within ?ve miles. Located just 11 miles south of Nashville, this rapidly growing area is projected to experience an 11% population increase within a one-mile radius in the coming years, according to CoStar. The property is also less than one mile from Brentwood Academy, a highly regarded private school teaching grades 6 – 12.
Arbor Wellness is a premier mental health treatment center located at 200 Winners Circle S in Brentwood, Tennessee. The facility offers a comprehensive continuum of care, including residential treatment, partial hospitalization, and intensive outpatient programs, tailored to address a wide range of mental health disorders such as depression, anxiety, bipolar disorder, PTSD, and schizophrenia. The center is dedicated to providing high-quality, individualized treatment plans that incorporate evidence-based therapies and innovative approaches. Services include psychiatry, individual and group therapy, EMDR therapy, holistic therapy, and more, all designed to meet the unique needs of each client.