Lakeview Health Systems – Jacksonville, FL

The Issenberg-Britti Group of Surmount is pleased to present for sale this net leased Lakeview Health Rehabilitation Center located in Jacksonville, Florida. The property encompasses a total of 134,495 Square Feet situated on a total of 12.8 Acres of Land. The property is a dedicated rehabilitation facility operating as a medical detox, inpatient treatment, and drug and alcohol rehabilitation center under the Lakeview Health brand, located at 1900 Corporate Square Blvd., Jacksonville, Florida 32216. The property is leased on a true absolute NNN basis with annual rent increases, providing an excellent hedge against inflation.
Bradford Health Services acquired Lakeview Health in September 2024. Operating through a coordinated network of 40 facilities, Bradford offers affordable, evidence-based treatment across the entire spectrum of care, including early intervention, crisis response, intensive outpatient programs, partial hospitalization, residential care, inpatient detox, and transitional living and life skills programs. Bradford Health backs the lease which commenced March 31, 2017 for an initial twenty (20) year term, leaving approximately 12 years of base term remaining. An investor has the opportunity to acquire a fee simple absolute NNN leased property with excellent tax saving advantages via a cost segregation report.
This property is located in densely populated Jacksonville, FL with a 5 mile population exceeding 228,000 people. Combined with its position along the heavily trafficked Atlantic Boulevard corridor in Jacksonville’s Southside/Arlington submarket, the asset offers investors a long-duration, contractually escalating, absolute NNN income stream secured by a mission-critical healthcare use with minimal landlord responsibility.