Acuity Private Capital is pleased to present the Vanderbilt Health MOBs, a 21,001-square-foot, two-building medical office property located in Franklin, Tennessee. The Property is fully leased to Vanderbilt University Medical Center, an A-rated academic health system with more than $8.67 billion in 2025 operating revenue. Vanderbilt has occupied the Property since 2015 and recently extended its lease through February 2032, with 2.5% annual rent increases and two five-year renewal options.
Located approximately 1.6 miles from Williamson Medical Center (337 Beds), the property benefits from proximity to a major healthcare anchor serving Franklin and Williamson County, where a broad mix of acute care, specialty, and outpatient services draws patients from across the area. This surrounding concentration of healthcare activity complements Vanderbilt's Neurosurgery and Executive Health operations, along with space dedicated to medical staging and future expansion at the subject property.
In place rent of $26.91 per square foot remains below the $36.71 MOB submarket average, while the surrounding medical office submarket is approximately 96% occupied, supporting a favorable environment for future rent growth. This medical investment combines institutional, A credit rated healthcare tenancy, contractual rent growth, and limited landlord responsibilities with upside from below market rents.