Premier Medical Office Facility
100% Absolute NNN Leased Investment
1301 Ring Road, Elizabethtown, Kentucky 42701
12,000 SF Children’s Healthcare Medical Office with Tenant in Place
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Lee & Associates is pleased to exclusively offer an exceptional net lease investment offers the rare opportunity to acquire a newly constructed (2013) medical property leased to Norton Healthcare, one of Kentucky’s premier healthcare systems. Backed by an investment-grade “A-” Fitch rating, Norton Healthcare operates 140 locations, employs more than 12,000 professionals, and serves over 1.4 million patient visits annually. The property is secured by an absolute NNN lease with zero landlord responsibilities and features annual rent increases throughout both the initial term and renewal options, providing investors with stable, predictable cash flow.
Strategically positioned within Elizabethtown’s established healthcare corridor, the property is located just down the street from 300-bed Hardin Memorial Hospital and directly across from HealthSouth Lakeview Rehabilitation Hospital, reinforcing its long-term importance within the area’s medical community. The surrounding trade area is supported by Elizabethtown Community & Technical College, regional shopping anchored by national retailers, and nearby Fort Knox, one of the region’s largest economic drivers. With five major highways converging in Elizabethtown, the city serves an eight-county trade area of more than 214,000 residents and offers convenient access to Louisville, located just 45 miles north. Nearby attractions, including the 158-acre Elizabethtown Sports Park, further contribute to the area’s strong economic activity and consistent visitor traffic.
This combination of investment-grade tenancy, passive ownership, contractual rent growth, and a strategic healthcare location makes this a compelling long-term investment opportunity.