VA & DOD HEALTHCARE CTR

Tenant

DoD and Veterans Affairs

Location

Monterey, CA

Price

Unstated

CAP Rate

Unstated

Lease Term

20 Years

Occupancy

100%

Building Size

141,226 SQ FT

Property Type

Medical Office

Year Built

2017

Lot Size

14.31 Acres

Status

Sold

Property Contacts:

Travis Trautvetter

Vice Chairman

858 558 5609 | Email

Jake Trautvetter

Capital Markets

858 558 5624 | Email

Melissa Carson

Senior Brokerage Coordinator

858 334 4032 | Email

FORWARD SALE
Structured complex forward sale commitment including placement and assumption of CTL financing

SINGLE-TENANT FEDERAL GOVERNMENT FACILITY
100% leased to U.S. Federal Government, which features an Aaa credit rating

NEW 20-YEAR LEASE
Long-term, secure cash flow via new 20-year firm lease

2017 BUILD-TO-SUIT CONSTRUCTION
New state-of-the-art, build-to-suit healthcare facility for Veterans Affairs and Department of Defense

LEED GOLD CERTIFICATION
Designed to achieve LEED Gold Certification

SIGNIFICANT DEMAND BY VETERANS & DEPT. OF DEFENSE
Facility provides regional service to approximately 80,000 individuals within VA and DoD