NATIONAL MARKETING CAMPAIGN / PRIVATE CAPITAL EXECUTION
GOVT Real Estate Group conducted a national marketing campaign for the VA Oncology Imaging and Infusion Center, generating multiple offers and a private capital execution with year end closing via a high net worth family office
100% LEASED TO THE U.S. FEDERAL GOVERNMENT
Single-tenant facility leased to the U.S. Federal Government, with lease guaranteed by the full faith and credit of the United States of America, featuring an Aaa credit rating and unrivaled income security
NEW 20-YEAR LEASE TERM / 2025 BUILD-TO-SUIT
2025 build-to-suit construction; first-generation, 20-year lease (15 years firm) with U.S. Department of Veterans Affairs, providing the maximum allowable term per federal contracting regulations
HIGHLY SPECIALIZED IMAGING & INFUSION CENTER
Specialty-specific VA facility providing essential oncology services to over 50,000 patients in a regional area within a 30 – 60 minute drive time; imaging and infusion center with 14 infusion treatment stations, a compounding pharmacy, and blood laboratory, providing patients with comprehensive diagnostic imaging including MRI, CT, SPECT/CT, PET/CT, and ultrasound, and additional specialties including nutrition, social work, cardiology, and cardiac stress testing
$11.57 MILLION IN TENANT-FUNDED IMPROVEMENTS
Tenant-funded improvements of approximately $11.57 million ($492 per square foot) demonstrates the significant investment in this facility by VA and creates an asset basis that is below current and future replacement costs