SUCCESS STORIES
Sale Leasebacks
Sale leasebacks are a great strategy for practices and healthcare companies to develop a build to suit property then sell it to an investor or benefit from the proceeds of the real estate now to an investor looking for cash flow. The healthcare company remains as a tenant in the space with a long term lease focusing on practicing medicine and caring for patients.
SimonMed
Queen Creek
A national healthcare company needed a site in Queen Creek a suburb in the southeast of Phoenix metro. Existing medical office properties supply did not exist and high visibility was a requirement in order to offer ease of access to its patients. The company purchased a retail pad and constructed a property and branded the property with prominent signage. It occupied 100% of the property. The property sold to a private investor.
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A Two-Tenant NNN, Long Term Lease Investment
44555 Edison RD | Maricopa, Arizona 85139
A national healthcare company needed a site in a new community. Existing medical office properties supply did not exist and high visibility was a requirement in order to offer ease of access to its patients. The company purchased a retail pad and constructed a property and branded the property with prominent signage. It leased a large portion of the property for its clinic and leased the remainder to Heartland Dental. The property sold to a private investor.
Trisha’s guest in this podcast is the buyer, Chris Cumella of Cypress West Partners
Single-Tenant NNN Medical Office Condominium
2940 N Litchfield Rd, Bldg 13 Goodyear, AZ 85395
A well established Neurology practice with several sites through the Phoenix metro area decided to proceed with a sale-leaseback to unlock the equity in their real estate now. The property operates a sleep center and the clinic for the practice. The buyer is a well established and experienced real estate investment company that specializes in sale leaseback transactions and has purchased several medical offices. It is a win-win for both sides of the transaction.
Listen to the buyer Ben Reinberg
Listen to the buyer Ben Reinberg
Listen to the seller Dr. Troy Anderson
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The 100%-leased, multi-tenant property was owned for several years by a group of physician owners. The tenant mix includes a mix of healthcare providers comprising an ophthalmic surgery center, optometry, ophthalmology, Phoenix Neurology & Sleep Medicine and SimonMed Imaging.
