204 W Franklin Ave

Summary:

Single Tenant NNN Investment Property with CARE Counseling, a subsidiary of Optum/United Health (Fortune 5 company) . Long-term lease in place at well maintained, high visibility property on W Franklin Ave. Available as part of a portfolio sale or individually.

Highlights:

  • Primary Tenant – subsidiary of Optum/United Health **Fortune 5 Company
  • 100% leased
  • Hands free NNN lease with minimal landlord responsibilities
  • High quality, well maintained property with great visibility

About the Primary Tenant:

CARE Counseling provides individualized therapy using a broad range of evidence-based treatment modalities to fully support clients as they work towards personal growth and healthier lives. CARE Counseling is owned by Optum Behavioral Health of Colorado, a subsidiary of Optum/United Healthcare. Optum is a comprehensive and patient-centered care organization enabling high-quality, fully accountable value-based care. They help deliver better experiences for patients and care providers, improve health outcomes and lower total cost of care. They proactively engage people in managing their health and well-being in person, in home and virtually. They serve over 42 million people through a network of 375,000 behavioral care professionals. In addition, Optum’s growing employed team consists of nearly 4,500 care providers supporting millions of patient sessions per year. They guide people to the right care for their unique needs across the full range of an individual’s behavioral needs, from education to digital self-help tools, medication management to higher levels of behavioral health care both in person or virtually, including critical incident response services.

They care for patients through integrated capabilities:

  • In-clinic care
  • In-home care
  • Behavioral care
  • Population health
  • Optum Serve

Price: $1,170,000

NOI: $81,948

CAP RATE: 7.00%

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