Jennifer Stein Real Estate, Inc. (“JSRE”) exclusively represents the owners of the Lake City Surgery Center (“LCSC” or “the Property”) in the sale of their facility.
The property consists of a single-tenant, multi-specialty ambulatory surgery center (ASC) totaling approximately 7,081 square feet of purpose-built medical outpatient space, strategically located in Lake City, Florida, a key corridor along the I-10 interstate connecting Jacksonville and Tallahassee.
Lake City Surgery Center was founded in 2009 by a group of local physicians with a singular mission: to provide the surrounding community with a high-quality outpatient alternative to hospital-based surgery. Since its founding, LCSC has grown into a trusted regional provider of outpatient surgical services, supported by 3 dedicated providers offering a broad range of procedures with a primary focus on gastroenterology and plastic surgery. The ASC facility itself was purpose-built in 2017, featuring 1 operating room with the infrastructure to expand to 2, delivering a modern, scalable surgical environment befitting its AAAHC accreditation and licensure from the American Health Care Association.”
In July 2025, LCSC partnered with United Surgical Partners International (USPI), one of the nation’s largest and most established operators of ambulatory surgery centers and surgical hospitals. USPI’s platform includes over 535 ASC’s and surgical hospitals spanning 37 states, with more than 11,000 physicians performing in excess of 2 million procedures annually. The organization has built deep integration across the broader healthcare ecosystem through partnerships with over 50 health systems nationwide, cementing its position as the preeminent institutional operator in the outpatient surgical space. USPI operates as a subsidiary of Tenet Healthcare Corporation (NYSE: THC), one of the largest for-profit health systems in the United States. Founded in 1969 and headquartered in Dallas, TX, Tenet has a current market cap of $16+ billion and reported 2025 revenue of $21.3 billion, reflecting the scale and financial strength that underpins USPI’s continued growth and investment across its surgical platform.
USPI’s affiliation brings Lake City Surgery Center the operational infrastructure, clinical resources, and institutional credibility of one of the most recognized names in outpatient surgery, further reinforcing the long-term stability of the tenancy and the mission-critical nature of this asset.
Upon closing of the real estate transaction, the selected purchaser will assume the existing triple net (NNN) lease with Lake City Surgery Center, LLC. The lease features over 9 years of remaining term, 3% annual rental escalations, limited landlord responsibilities, and a current annual rent of $231,195.