Property Description

BioTek Plasma

About the Tenant*

(Grifols, S.A.)

Grifols is a global healthcare company that since 1909 has enhanced the health and well-being of people around the world. Grifols is an industry leader in producing plasmaderived medicines and transfusion medicine. Their business is organized into four divisions: Bioscience, Diagnostic, Hospital, and Bio Supplies. Grifols sell their products and services in more than 100 countries and regions and have subsidiaries in more than 30. They aim to be a global leader in their markets and an industry reference for quality, safety, and innovation. Their long term vision allows them to continue exploring new markets and regions and to increase their growing workforce. They currently have more than 23,000 employees and work for a common goal: to improve people’s lives and well-being.

Grifols Shared Services North America, Inc. (the lease guarantor)is the wholly owned, North American company. Within the United States, Grifols operates a network of more than 250 plasma donation centers and has more than 16,000 employees (more than half of their total employment).  Grifols plasma collection centers are primarily operating under the brand names: BioMat, Talecris, Grifols, and PlasmaCare.

Beginning with their purchase of BioMat in 2002, Grifols has developed a dominant position in the plasma space by purchasing the correct plasma concepts and growing them under Grifols. Grifols is the second largest producer of plasma based pharmaceutical products according to the latest estimates. In 2018, the global market for plasma exceeded USD 21 billion, with an average annual growth rate of 6.5% for the period 2016-2018, favored by an increase in diagnoses, an aging population, and an increase in per capita health expenditure.

 

CSL Plasma

About the Tenant*

(ASX: CSL)

CSL Plasma is a subsidiary of CSL Behring, a global biotech leader and a member of the CSL Group of companies. The parent

company, CSL Limited (ASX: CSL; USOTC:CSLLY), is headquartered in Melbourne, Australia. CSL Plasma operates one of the world’s largest and most sophisticated plasma collection networks, with more than 300 plasma collection centers in U.S., Europe and China and employs over 12,000 employees.

CSL Plasma is vertically integrated, meaning plasma collected at CSL Plasma facilities are used by CSL Behring for the sole purpose of manufacturing and delivering its life-saving therapies to people in more than 100 countries. The parent company CSL Limited was formed more than 100 years ago to save lives using the latest technologies. In the century since, they’ve grown into a global biotechnology leader driven by that same promise to save and improve lives.

CSL Plasma, Inc. is a wholly owned subsidiary of CSL Limited, and is the lease guarantor. As of the fiscal year end, June 30, 2021,

CSL Limited reported total operating revenue of $10.27 billion, net profit of $2.38 billion, and total equity of $8.38 billion. CSL Limited maintains an investment grade A3 rating from Moody’s, with a stable outlook, and a S&P’s investment grade rating of A-.

 

UnityPoint Health

About the Tenant*

Unity Point Health System

UnityPoint Health System provides care in nine regions throughout Iowa, western Illinois, and southern Wisconsin. UnityPoint currently has 20 regional hospitals, 435+ clinics, 14 home care areas of service, 7 affiliated community mental health centers and 4 accredited UnityPoint Health Colleges. Unity Point also has more than 32,000 team members, 1,180 staffed/employed physicians, and more than 11,000 nurses. Unity Point Health, IA maintains an investment grade A1 rating from Moody’s with a stable outlook.

Allen Memorial Hospital Corporation (Allen Hospital) is a 204- bed not-for-profit community hospital serving the Cedar Valley area in Iowa. Allen Hospital is an affiliate hospital of UnityPoint Health and is the lease guarantor. Allen Hospital and their team of cardiologists form the only comprehensive heart care center in the Cedar Valley.

Allen Memorial Hospital Corporation files public form 990 tax return documents as an income tax exempt organization. For the calendar year 2020, the Allen Memorial Hospital Corporation reported program service revenue of $304.7 million, revenue less expenses of $12.10 million, and net assets of $279 million.

 

Property Type

Healthcare

Structure

Delaware Statutory Trust

AEI Net Lease
Portfolio XX DST

GA, IA, NC

Remaining Availability

23% Remaining

Total Funds
$32,470,000
Remaining Availability
$7,425,707
Minimum Investment
$100K
Funded To Date
$25,044,293
Est. Hold Period
10 Years
Leverage
0.00%
Equity Raise
$32,470,000
Price/SF or Price/Unit
4768/SF

For More Details

 
 
 

Location Details

 
 
 

Population

multi states

Population Growth

multi states

About The Area

BioTek

2702 East Ash Street, Goldsboro, North Carolina

This BioTek plasma donation center is located at 2702 East Ash Street, Goldsboro, NC.(1) Goldsboro, NC is located approximately 50 miles southeast of Raleigh, which is the Capitol of North Carolina. The population within 5 miles of the site is approximately 44,000(2) and the population within the Goldsboro, NC city limits is approximately 34,600, according to the latest estimates

 

CSL Plasma

3353 Mercer University Drive, Macon, Georgia

This CSL Plasma donation center is located at 3353 Mercer University Drive, Macon, GA. Macon, GA is located approximately 83 miles southeast of Atlanta, the Capitol of Georgia, with over 153,000 people living within the city limits, according to the latest estimates. Within 5 miles of the CSL Plasma, the population is estimated to be approximately 92,000.

 

Unity Point Health System

Locations

419 East  Street, Waterloo, Iowa

This Unity Point Cardiovascular clinic is located at 419 East Donald Street, Waterloo, IA. Waterloo, IA is located approximately 112 miles northeast of Des Moines, IA and approximately 55 miles northwest of Cedar Rapids, IA. The population within 5 miles of the site is more than 71,000 and the population within Waterloo, IA its is approximately 67,500 according to the latest estimates.

2413 W. Ridgeway Avenue, Waterloo, Iowa

This Unity Point Administrative office building is located at 2413 W. Ridgeway Avenue, Waterloo, IA. Waterloo, IA is located approximately 112 miles northeast of Des Moines, IA and approximately 55 miles northwest of Cedar Rapids, IA. The population within 5 miles of the site is more than 88,000, and there are approximately 67,500 people within waterloo, IA city limits according to the latest estimates.

 

Sponsor

AEI is one of America’s most experienced sponsors of commercial property investment programs for both investment and 1031 exchange purposes. For more than 40 years, AEI has sponsored 138 net leased property offerings representing the investment capital of more than 21,000 investors nationwide.

Since 1984, all of AEI’s net lease property offerings have been structured without debt to provide investors with a lower risk investment opportunity. AEI investments are managed by a professional team of real estate, investment, financial, and legal experts.

Considered to be the first securities firm in America to offer a securitized 1031 exchange solution, AEI offered its first fractional 1031 exchange investment in 1992. AEI was also the first to apply for, and receive, a favorable private letter ruling from the IRS affirming the use of securitized real estate as replacement property in a 1031 exchange.