NEURAGENEX

South jordan, ut

Neuragenex stands as the nation’s most rapidly growing healthcare brand and platform, poised to expand from its current 15 operating locations to an impressive 56 within the next year. Founded by medical professionals, Neuragenex Treatment Centers was established to provide patients with access to pain relief without surgery, drugs or invasive treatments through high pulse external electrical stimulation and specialized hydration therapy.

Property Information

  • Tenant: Neuragenex (Anchor Tenant)
  • Location: 3583 W 9800 S, South Jordan, UT
  • Property Type: Freestanding, Medical
  • Building Size: 13,526 sq. ft
  • Purchase Price: $10,294,362
  • Cap Rate: 6.50%

 

Dollar General - Bethpage, Tennessee

Lease Information

  • Lease Guarantor: Personal; President, Founder, CEO
  • Initial Lease Term: 20 years
  • Rent Increases: 2% increases every year
  • 8 Yr. Avg. Return: 7.03%

South Jordan, UT

South Jordan is a city in south central Salt Lake County, Utah, 18 miles south of Salt Lake City. The city lies in the Salt Lake Valley along the banks of the Jordan River between the Oquirrh Mountains and the Wasatch Mountains. The city has 3.5 miles of the Jordan River Parkway that contains fishing ponds, trails, parks, and natural habitats.

 

 

 

About Tenant In Common

Tenant in common or TIC ownership allows two or more people to hold an ownership interest in a property. Each property owner or business
entity holds its own separate stake in the property and receives a deed.Their interests do not have to be equal.

This Millcreek Commercial property has the following characteristics:

  • Property is offered debt-free

  • Long-term, corporate-guaranteed lease
  • Satisfies IRS requirements for 1031 exchanges

  • NNN Lease
Millcreek Commercial pleasant grove office building

Office | 385.248.0613