Property details
Fenton, missouri
SSM Health Medical Office & Training Facility
Investment type
Net Lease
Asset Class
Medical
Ownership Structure
Delaware Statutory Trust (DST)
Year Acquired
2022
Investment Summary
A 55,000 square-foot medical office and training facility leased to SSM Health.
The Property was originally constructed in 2006 and underwent a significant renovation and conversion to medical office in 2018.
The Property consists of two floors and is utilized as medical offices, including primary care, pediatrics, behavioral health, internal medicine, lab work, X-ray, and a soon to be completed express clinic, as well as a training center.
Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 Exchange.