NextPain Care

Marietta, GA

Property Information

  • Tenant: NextPain Care
  • Location: Marietta, GA
  • Property Type: Freestanding, Medical
  • Building Size: 3,483 sq. feet
  • Cap Rate:  7%

Absolute Net Lease

This absolute triple net lease (NNN) ensures that the Tenant assumes all financial and operational responsibilities associated with the property, making it a highly attractive investment for the Landlord.

Long Term Lease

Initial term: Thirteen (13) years. Two (2) renewal options at five (5) years each.

Excellent Location

It is strategically situated near major highways, providing easy access to Interstate 575 and surrounding commercial hubs. This prime location ensures convenient connectivity for both business operations and patient visits.

Growing Population

Murrieta, Georgia, is experiencing rapid population growth, attracting new residents from various regions. This
expanding population includes a significant number of older adults who are more likely to suffer from chronic pain conditions. The increasing number of residents creates a larger potential patient base for pain management services.

Demographics

Marietta, Georgia, is a growing and diverse community with a variety of appealing demographics for businesses, including medical facilities. The area boasts a population of approximately 61,387 residents with a strong educational background, where 47% hold a bachelor’s degree or higher​

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 KGL Advisors property has the following characteristics:

  • Property is offered debt-free
  • Long-term, corporate-guaranteed lease
  • Satisfies IRS requirements for 1031 exchanges

Office | 339.330.1031

Request More Information

NextPain Care (“NextPain”) aims to establish a premier pain management platform that provides comprehensive, patient-centric, and technology-driven solutions to tackle the escalating issue of chronic and acute pain.

The founding team has built a robust network of doctors, pain management specialists, advisors, and operations experts to enhance an existing portfolio of top-tier, standardized clinics in high-barrier U.S. markets.

NextPain has secured funding to support the launch of the first 30 locations.

Lease Information

  • Lease Guarantor: Corporate Guarantee
  • Initial Lease Term:  13 Years
  • Renewal Options:  (2) Five 5-year Renewal Options