Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the Hans Wiemann Hair Restoration and Treatment Center Sale-Leaseback. Upon closing, the Asset will be 100% leased to Hair Club for Men, LLC (dba. HairClub), a major operating subsidiary of multinational hair care provider Aderans Co. Ltd. (the “Guarantor”), whose established brands include HairClub®, Bosley®, Fontaine®, and Aderans®. This location will house the Company’s HairClub and Hans Wiemann leading brands. The Property will be subject to a 15-year absolute triple-net lease with 2.0% annual escalations.
This offering presents the opportunity to acquire a well-established city of St. Louis medical medical office 100% leased to one of the world’s top-ranked hair care brands located in a growing suburb only 12 miles west of downtown St. Louis.
- Long-term absolute NNN lease with zero landlord responsibilities and annual rent escalations
- Industry-leading hair care operator boasting $168+ million of revenue in 2021
- 100% guaranteed by global hair solutions conglomerate, Aderans Co. Ltd.
- Long-standing hair care provider with deep roots in St. Louis for 55+ years
- Expansive real estate footprint totaling 120+ facilities throughout North America
- Top-ranked St. Louis medical office market and among the largest in the Midwest
- Outstanding infill location containing 266,000+ residents boasting an average HH income over $108,000 (five-mile radius)
- Situated in a dense retail and industrial corridor with traffic counts of over 15,200 VPD