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Investment Details

Price: $1,705,241 Location: St. Paul, MN
Cap Rate: 6.25% Lease Type: NNN
NOI: $106,578 Lease Expiration: March 2025
Demographic Information (5-Mile Radius)
2022 Population: 349,310
2027 Population: 347,146
2022 Average Household Income: $92,592
2022 Median Household Income: $67,458
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

MERIDIAN BEHAVIORAL HEALTH (LATITUDES TREATMENT CENTER)

St. Paul | Minnesota
Highlights
• Meridian Behavioral Health is one of the fastest growing, leading behavioral healthcare platforms.
• The tenant on the lease is Latitudes Treatment Center, LLC, guaranty by Meridian Behavioral Health.
• This location has operated as chemical dependency center for 20+ years.
• The Property was remodeled in 2013. Large lot size and the ability to expand building size.
• Two years, 3 months remaining on a NNN lease with annual 4% rent increases.
• 5-Mile population of 349,310 and average household income over $92,592.

MERIDIAN BEHAVIORAL HEALTH (LATITUDES TREATMENT CENTER)

St. Paul | Minnesota

Highlights
• Meridian Behavioral Health is one of the fastest growing, leading behavioral healthcare platforms.
• The tenant on the lease is Latitudes Treatment Center, LLC, guaranty by Meridian Behavioral Health.
• This location has operated as chemical dependency center for 20+ years.
• The Property was remodeled in 2013. Large lot size and the ability to expand building size.
• Two years, 3 months remaining on a NNN lease with annual 4% rent increases.
• 5-Mile population of 349,310 and average household income over $92,592.

Investment Details

Price: $1,705,241
Location: St. Paul, MN
Cap Rate: 6.25%
Lease Type: NNN
NOI: $106,578
Lease Expiration: March 2025
Demographic Information (5-Mile Radius)
2022 Population: 349,310
2027 Population: 347,146
2022 Average Household Income: $92,592
2022 Median Household Income: $67,458
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489