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15-Year Single-Tenant NNN Healthcare Lease Example

15-Year Single-Tenant NNN Healthcare Lease Example

Key Questions

What are the key terms of the new 15-year NNN healthcare lease?

The lease provides $339,380 in annual net income plus GST and outgoings, with the tenant paying land taxes. It represents a single-tenant NNN structure for healthcare investment.

How does this NNN deal help with risk mitigation and underwriting?

The long 15-year term and tenant-paid taxes offer stable income benchmarks. It serves as a practical example for evaluating healthcare properties and physician syndication.

What role does tenant credit play in NNN healthcare investments?

Investment-grade tenants like those in animal hospitals influence cap rates and buyer appeal. Cooperating commissions are typically handled by listing brokers in such deals.

New NNN deal shows 15-year term, $339k net annual income, tenant-paid land taxes—practical benchmark for underwriting, risk mitigation, and physician syndication pitches.

Sources (2)
Updated May 16, 2026