5525 Cavitt Stallman Road, Granite Bay, CA 95746

Property Description

Graystone Capital Advisors is pleased to exclusively list for sale a Discovery Practice Management Inc. facility located in Granite Bay, CA, an immediate suburb of Sacramento. Branded as the Discovery Mood & Anxiety Program, the tenant is a nationally recognized behavioral health treatment facility specializing in a variety of mental health programs. Currently, the tenant has thirty-seven facilities in nine states. The lease structure provides the opportunity to acquire the site with no landlord responsibilities. Approximately 12 years remain on the lease, providing stable cash flow with attractive annual rental increases based on the CPI Index. The initial term was 15 years with 2x 5-year options. The tenant is obligated to report financials to ownership. The asset itself sits on a 4.32 Acre site. The 4,639 SF building is a luxury single-family home converted beautifully into a 24-hour treatment facility. As a traditional single-family home, there are five bedrooms, four full bathrooms, and one half-bath. Aside from the tenant being a coveted medical user, an alternative to a traditional retailer, this net lease asset offers a unique hedge against long-term risk. Since the asset is a residential home, the residual value of this asset will remain as strong.