MSO medical service organization investing
There is an opportunity to acquire a medical building ( owner is MD who sold business to a Hugo MSO two years ago and still working part time ) at 8 cap NNN lease. Lease expire in 5 yrs but I don't see a renewal option offered to the MSO group.
They bought this place 2 yrs ago. They are very big on east coast but started to expand into the west coast.
Also after searching more about them they bought over 10 more locations ( business only no RE) however they aren’t changing the name.
Does MSO tend to stay same location like DSO groups? My only thing is why they didn’t enforce a renewal option on their contract.
It’s in SoCal and not in a rural area and close to many regional hospitals like memorial and Kaiser.
It's on off MLS listing.