CSRA MOB Portfolio II, DST
Stabilized Long-Term Cash Flow – The property is 100% leased to Virginia Women’s Center, Inc. through 2027, with three 5-year options and 2% yearly increases.
Strategic Location – The property is strategically located near Interstate 295 within 1-mile of Richmond’s Memorial Regional Medical Center, an award-winning hospital servicing residents of Richmond, Hanover and Henrico counties, and Virginia’s Northern Neck.
Established Tenancy – Virginia Women’s Center is the largest women’s healthcare private practice in central Virginia, with 33 physicians and 8 mid-level providers at seven clinical sites.
Consider the Risks An investment in the Interests involves substantial investment and tax risks, including, without limitation, the following risks:
- There are various risks associated with owning, financing,operating, and leasing commercial properties in Virginia and Wisconsin.
- The Interests do not represent a diversified investment.
- Beneficial Owners must completely rely on the Property Manager to collect the rent and operate, manage, lease, and maintain the Property.
- The Beneficial Owners have no voting rights with respect to the management or operations of the Trust or in connection with the sale of the property.
- There are various conflicts of interest among the Trust, the Sponsor, the Signatory Trustee, and their Affiliates.
- The Interests are illiquid.
- There are tax risks associated with an investment in the Interests.
- There are risks related to competition from properties similar to and near the property.
- There may be environmental risks related to the property.
-
LocationMechanicsville (Richmond), VA
-
Overview
This two-building healthcare-related portfolio consists of a medical office building constructed in 2013 for Virginia Women’s Center in Mechanicsville, a Richmond, Virginia suburb, and the corporate headquarters of API Healthcare (an affiliate of GE Healthcare) in Hartford, Wisconsin. The buildings are 100% net-leased on a long-term basis to VWC and API, which are in the healthcare industry.