Zeustra Healthcare Real Estate Advisors is pleased to present an exclusive opportunity to acquire a fully renovated multi-tenant medical office building at 109 Opp Ave, Andalusia, AL 3642. This property boasts long-term leases with two highly creditworthy tenants, Renalus Kidney Care and LHC Home Health, both recognized for their strong reputations and expansive operations.
Renalus Kidney Care, the premier nephrology provider in the region, controls 90% of the market as the only nephrology practice between Mobile and Tallahassee. Their 26-year track record, backed by 14 physicians and 30 nurse practitioners, underscores their market dominance and commitment to specialized care. LHC Home Health, a nationally recognized healthcare provider with 500+ locations, recently demonstrated their commitment to this property by committing to an early lease renewal August 2024 and investing over $115,000 in tenant improvements.
With a Weighted Average Lease Term (WALT) of 7 years, this investment provides a stable and secure income stream supported by established, long-term tenants. The property’s 2020 renovation, including a new roof, HVAC systems, windows, flooring, electrical, and plumbing, further enhances its appeal as a low-maintenance, turnkey investment opportunity.