Property details

Henry Ford OptimEyes

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2016

Investment Summary

The property consists of a one-story, 20,514 square foot medical/retail facility that is leased to Henry Ford OptimEyes in Southfield, Michigan.

Constructed in 2015, the property was a build-to-suit for Henry Ford OptimEyes and is situated on a 2.77-acre parcel at the intersection of Southfield Road and Edwards Avenue, one block north of 12 Mile Road. Southfield Road is one of the primary commercial corridors servicing the area.

Henry Ford Health System is a comprehensive, integrated, non-profit healthcare organization that consists of five hospitals, 30 general medical centers, seven specialized medical facilities, and 20 OptimEyes locations across Michigan.

Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.

Property details

Kindred Healthcare

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2016

Investment Summary

The property consists of a three-story, 81,371 square foot medical building located on a 2.78 acre parcel at 1880 East Van Buren Street in Phoenix, Arizona, customized to specifications requested by Kindred.

The Property features 120 beds, each in a private room, and provides intensive, short-term rehabilitation therapy in bariatrics, orthopedics, cardiology, and burn care. At ground level, the Property has an open courtyard for patients and guests including outdoor rehabilitation and a dedicated outdoor therapy garden. The Property will also include a dining hall, spa, and physical therapy and rehabilitation suites.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.

Property details

Veterans Affairs (VA) Clinic

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2015

Investment Summary

An approximately 31,617 square foot medical office building leased to the VA and utilized as an outpatient clinic.

Syndicated structured its acquisition as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.

Property details

Rush Copley Medical Office

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Tenancy-In-Common (TIC)

Year Acquired

2014

Investment Summary

The property consists of a 31,244 square foot medical office building adjacent to the 98-acre, 210-bed hospital, Rush Copley Medical Campus in Aurora, Illinois.

Syndicated structured its acquisition as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.

Property details

United Healthcare Portfolio

Investment type

Net Lease

Asset Class

Medical

Ownership Structure

Delaware Statutory Trust (DST)

Year Acquired

2013

Investment Summary

Syndicated acquired a two property portfolio of medical office assets leased to United Healthcare (UHC) in Las Vegas, Nevada. The portfolio consisted of a 58,396 square foot building located on Eastern Avenue and a 49,014 square foot building located on Rancho Drive.

Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.