Magnolia Care Homes

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Magnolia Care Homes investment property located in Frisco, Texas. The tenant, Magnolia Care Homes will sign a brand new 15-year lease at close of escrow demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.

The Magnolia Care Home is located near the signalized, hard corner intersection of El Dorado Pkwy and Teel Pkwy with a combined (53,100 VPD). El Dorado Pkwy, is a major retail thoroughfare serving the city of Frisco. The asset has excellent visibility and multiple points of ingress/egress. Additionally, the property is located less than a mile northwest of Parkway Towne Crossing, a 375,000 square foot power center that is anchored by a Target.