Jed Park

Treatment Facility‐ Owens Cross Roads is currently a 40‐bed residential behavioral healthcare facility for children and has been in operation at this location since 1996. The facility was originally constructed in 1965 with subsequent additions in 1995 and 1999 and is located on an approximate 28.50-acre campus. The facility is comprised of 3 buildings and 3 portable buildings that total 21,667 SF. Building 1 is a 4,259 SF dorm building; building 2 is an 11,141 SF classroom, dorm, dining hall and recreation building. Building 3 is a 3,750 SF recreational center/gym. There are 2 portable classroom buildings with a total of four classrooms, 1 storage portable. The property is comprised of three separate but contiguous tracts. A proposed 8,453 SF dormitory addition is being scheduled to be constructed by June 1, 2020, weather permitting. The lease term is ten years with a five year option .The current term begins March 1, 2020. There are 2.5% annual escalators in the lease for the annual rent.