Shelby Surgical was acquired by Carolinas Physicians Network, Inc (a Subsidiary of Carolinas HealthCare System) in December 2015. The property is leased through November 30, 2022 with 3 x 1-year options to renew at the then-existing rate and escalations. The investment will be earning a 7.0% Cap Rate beginning 12/1/2016 With 2.0% Annual lease rate escalations throughout the lease. The lease is a Modified Net Net Net (NNN) with landlord responsibilities limited to Roof, Structure, Capital Repl...
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
