CAP Rate: 6.75%

Tenant: Avera McKennan

Credit Rating: AA- (S&P, Fitch)

Lease Structure: Single Tenant Absolute Triple Net

Remaining Lease Term: 15 Years Remaining with two (2) five (5) year options to extend

Rent Escalations: 5% every five years

Property Use: Build-To-Suit Medical Office Building

Year Built: 2020

Square Feet: 12,541 SF

Parking: 48 Surface Spaces (3.83/1,000 Parking Ratio)

Lot: 6.52 Acres

No buyer broker fee paid by seller.
The owner is a licensed real estate broker in the state of Minnesota.