Matthews Real Estate Investment Services™ Healthcare Division is delighted to unveil the following investment opportunity: a multi-tenant medical office building leased to four medical tenants. A new owner will benefit from the stability of experienced tenants, as three of the four operators are established multi-location providers: Athletico (900+ locations), Lake Pointe Orthopedics & Sports Medicine (5 locations), and North Star Diagnostic Imaging (14 locations).
Lake Pointe Orthopedics, which leases a majority of the building, will be signing a fresh ten-year NNN lease at closing, showing its level of commitment to the location. All other tenants are on NNN leases with minimal landlord responsibilities and with annual increases ranging from 2-3%.
With six providers, Lake Pointe Orthopedics has been in operation for 32 years and has been serving the Greenville market for 3-4 years. Three providers dedicated to the Greenville location have built a reputable practice offering services in the following fields (knee, shoulder/elbow, fractures, sprains, strains, ankle/foot, podiatry, hand/wrist and hip).
Strategically located near Hunt Regional Medical Center, a 188 inpatient bed and Level III Neonatal ICU facility, the property benefits from its proximity, enhancing its appeal. In summary, this investment offers a rare blend of reliable income and the confidence of several multi-unit proven operators.
Broker of Record
Patrick Graham
License No. 9005919 (TX)