732-856-4349
2089 Southridge Dr, Tupelo, MS for Sale
Medical - FOR SALE
1/9
null | Request Cap Rate

2089 Southridge Dr
Tupelo, MS 38801


HIGHLIGHTS

  • Hospital-operated ASC
  • Fixed 3.5% annual rent growth - Absolute NNN structure
  • Off-campus surgical facility enabling lower-cost care delivery vs. inpatient settings
  • Located approximately 1.2 miles from the main hospital campus

OVERVIEW

Zeustra, LLC is pleased to present the exclusive opportunity to acquire 2089 Southridge Drive, a single-tenant, hospital-leased ambulatory surgery center (ASC) located in Tupelo, Mississippi. The property is leased on an absolute triple-net (NNN) basis directly to North Mississippi Medical Center–Tupelo, the region’s dominant healthcare provider. The lease includes a recently executed extension commencing November 1, 2025 and running through October 31, 2030, providing investors with five years of secure, contractual cash flow. The lease features 3.5% annual rent increases, offering built-in NOI growth and an effective hedge against inflation. The property offers investors true passive income supported by AA-rated hospital credit, contractual rent growth, and mission-critical medical use. Located approximately 1.2 miles from the main hospital campus, the ASC allows the health system to efficiently migrate surgical volume to a lower-cost, outpatient setting while maintaining clinical integration and referral continuity. Few hospital-leased assets offer this combination of AA-rated credit, absolute NNN structure, ASC tenancy, and fixed 3.5% annual rent growth, positioning 2089 Southridge Drive as a highly defensive, institutional-quality medical investment.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hospital-Leased ASC | 3.5% Escalations | NNN

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,785 SF

ZONING

-

APN/PARCEL ID

101R-12-128-00,101R-12-129-00

ASK ABOUT THIS PROPERTY

Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.