This recently constructed medical facility, built in 2022, offers a rare opportunity to acquire a high-quality asset at a price below replacement cost. The property is secured by a long-term lease with six years remaining on the initial 10-year term and three additional five-year renewal options, providing stable income and long-term security for investors. Current rent levels are well below market, with a $30 per square foot rate at lease expiration in 2032, creating a strong hedge against future market fluctuations.
The building spans 6,161 square feet and features a large, adaptable footprint suitable for a variety of medical uses. Designed with functionality in mind, the property includes a covered drop-off area and ample parking to accommodate patient and staff needs. Positioned along a main thoroughfare with excellent visibility and access at a lighted intersection, the site benefits from strong traffic exposure and ease of access. Located within a highly concentrated medical corridor, the property sits as an outparcel to Sterling Surgical Hospital and is surrounded by multiple schools and established healthcare providers. The surrounding market is supported by consistent population growth projected through 2030 and a robust employment base anchored by major employers such as The Greenbrier Companies, NuCore, Lockheed Martin, and the John C. Stennis Space Center. This combination of strong demographics, industry presence, and healthcare demand makes this offering a compelling investment opportunity for those seeking long-term stability and growth potential.