VA ONCOLOGY IMAGING & INFUSION CENTER

Tenant

U.S. Department of Veterans Affairs

Location

U.S., Confidential Location

Price

Unstated

CAP Rate

Unstated

NOI

Unstated

Lease Term

20 Years | 15 Firm

Occupancy

100%

Building Size

23,524 SQ FT

Property Type

Office

Year Built

2025

Lot Size

4.38 Acres

Status

Closed

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