Spero Health

5,544 SF | Office Building | Owensboro, KY 42301 | $1,918,163 ($346/SF) | 8% Cap Rate

Asking Price $1,918,163

Property Type: Office
Square Feet: 5,544 SF
Price / Square Foot: $346

Listing Contacts

Valerie Cook

Verified Profile

Property Info

Property Overview

Cook Commercial Partners is pleased to present the Spero Health outpatient clinic located in Owensboro, KY. The subject property is a newer construction, single tenant, 5,544 square foot build-to-suit facility. This investment offers over five and a half years of lease term remaining on the initial ten year lease term. The lease is corporately guaranteed by Spero Health, Inc.
Spero Health is an integrated healthcare services organization specializing in local and affordable outpatient care for individuals suffering from substance use disorder. Spero Health, Inc. is one of the largest office-based opioid treatment providers in the United States.

Property Details

Class: B
Year Built: 2019
Stories: 1
Property Subtype: Medical
Lot Size (sq. ft): 76,230 SF

Highlights

Corporate Guarantee From Spero Health, Inc.
Over Five and a Half Years Remaining on Initial Ten Year Lease Term
NN Lease Structure | Very Limited Landlord Responsibilities - Roof and Structure Only
New Construction Build to Suit Clinic in 2019
Located Blocks Away From the Area's Major Retail Corridor - Including Many National and Regional Retailers
Spero Health has Grown to Over 95 Freestanding Outpatient Clinics Located Throughout Kentucky, Ohio, Indiana, Virginia, West Virginia, and Tennessee

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