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Meridian Behavioral Health is one of the fastest growing, leading behavioral healthcare platforms in the country. Currently, there are 20 locations; 10 operating under Meridian name and 10 operating under New Beginnings. Properties located throughout Minnesota.
The tenant on the lease is Latitudes Treatment Center, LLC with a guaranty by Meridian Behavioral Health, LLC. Meridian is one of over 150 companies owned by the Audax Group which is a middle market private equity leader that has invested over $9 billion in 150 platform companies and over 1,100 add-on acquisitions.
This location has operated as chemical dependency center for 20+ years. It is extremely challenging to receive zoning approval for chemical dependency centers.
The Property was remodeled in 2013. Large lot size and the ability to expand building size.
One year and 10 months remain on a NNN lease with annual 4% rent increases.
5-Mile population of 349,310 and average household income over $92,592.
Located in Opportunity Zone.
Saint Paul is the capital of Minnesota, and the county seat of Ramsey County. Ramsey is the most densely populated county in Minnesota. Major corporations headquartered in Saint Paul include Ecolab and Securian Financial Group Inc. The 3M Company is often cited as one of Saint Paul’s companies, though it is located in adjacent Maplewood.
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What is the asking price for 1609 Jackson Street in Saint Paul?
The asking price for 1609 Jackson Street is $1,705,241
What is the building size of this Office property in Saint Paul, MN?
The size of the building/unit at 1609 Jackson Street in Saint Paul is 6,854 square feet
How much land does the Saint Paul, MN property at 1609 Jackson Street include?
1609 Jackson Street in Saint Paul includes 1.060 acres of land
What kind of Office is the propery at 1609 Jackson Street?
The property at 1609 Jackson Street Saint Paul, MN 55117 is listed as a Medical Office property
What is the population within 1 mile of 1609 Jackson Street in Saint Paul?
The population within 1 mile of 1609 Jackson Street Saint Paul, MN 55117 is 19,597 people.
Who do I contact for questions about 1609 Jackson Street?
You should contact the listing agent,
Deborah Vannelli, for any details regarding this commercial listing.
