RI MARKETPLACE ONLINE AUCTION FEB 10-12
Matthews Healthcare Division, in conjunction with RealINSIGHT Marketplace, is please to offer to qualified investors the 50,000 SF office building in Kingsport, TN anchored by Ballad Health as their central headquarters. Ballad is a credit rated (A3 Moody’s) Health System serving 29 counties in the tri-state area and currently occupies nearly 86% of the subject property. Two Ballad Hospitals are within 2.5 miles from this property and adjacent to the intersection of two major highways, providing easy navigation and accessibility to the property. Ballad hosts its C-suite and data center at this location, providing a high likelihood of long term tenancy along with it’s strategic location for its network of 20 hospitals.
This property will be brought to auction on February 12th, 2025. This is a rare opportunity to acquire a fully occupied asset with above market rental increases in an income tax free state.
https://rimarketplace.com/auction/2338/credit-tenant-a3-100-leased-954k-noi?utm_source=costar