Rehabilitation Center with Modified
315 Cedar St Manchester, NH 03103
315 Cedar St, Manchester, NH, 03103
Contact for pricing
For Sale
Contact for pricing
Pending
Rehabilitation center offered for sale with a modified triple-net lease and limited landlord responsibilities.
Property Size2,196 SF
Lot Size0.12 Acres
Days on Market102
Property Features for 315 Cedar St
General Information
- Standard status
- Pending
- Size
- 2,196 SF
- Lot size
- 0.12 Acres
- Property subtype
- Office
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 5:30AM Checked: Jul 21 at 5:30AM
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Investment Insights
Based on property information with market context.
The property is a Granite Recovery Center rehabilitation facility with 2,196 square feet of building space on approximately 0.12 acres. The offering includes a modified triple-net lease structure with extremely limited landlord responsibilities.
The lease provides for rental increases of 2.5% that continue through the base term, with adjustments to fair market value throughout the three, five-year tenant renewal options. The guarantor is Granite Recovery Holdings, LLC, a wholly owned subsidiary of BayMark Health Services Inc., which is described as a provider of evidence-based opioid use disorder treatment services in North America.
This is a specialty healthcare rehabilitation property presented as an NNN-style investment with ongoing rent escalations and clearly outlined renewal terms.
The lease provides for rental increases of 2.5% that continue through the base term, with adjustments to fair market value throughout the three, five-year tenant renewal options. The guarantor is Granite Recovery Holdings, LLC, a wholly owned subsidiary of BayMark Health Services Inc., which is described as a provider of evidence-based opioid use disorder treatment services in North America.
This is a specialty healthcare rehabilitation property presented as an NNN-style investment with ongoing rent escalations and clearly outlined renewal terms.
Key Highlights
- Granite Recovery Center in Manchester, NH with 2,196 SF of building space on roughly 0.12 acres
- Subject to a modified triple‑net lease with extremely limited landlord responsibilities
- Lease includes 2.5% rental increases that continue through the base term
Property Analytics
Location Intelligence
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Rehabilitation centers
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FAQs
What type of property is this?
Rehabilitation center - Rehabilitation center offered for sale with a modified triple-net lease and limited landlord responsibilities.
Where is this rehabilitation center located?
The property is located at 315 Cedar St Manchester, NH.
What are key features of this property?
This property features: Granite Recovery Center in Manchester, NH with 2,196 SF of building space on roughly 0.12 acres; Subject to a modified triple‑net lease with extremely limited landlord responsibilities; Lease includes 2.5% rental increases that continue through the base term