32 Conrad Dr - Hospitals FOR SALE
Jackson, TN 38305 |
$3,950,151 USD
512-910-2665
32 Conrad Dr
Jackson, TN 38305
HIGHLIGHTS
- West Tennessee Healthcare Inc, a Leading Healthcare Provider in the Region, Operates a Robust Network of Ninety (90) Hospitals
- This Investment Offers Approximately 8 Years Remaining on the Initial Lease Term, Providing Investors With a Stable, Long-Term Income
- Annual Rental Increases of 2% Ensure Steady Growth in Net Operating Income (NOI) and Protect Against Inflation
- Landlord Responsibilities Are Limited to Roof and Structure, Minimizing Operational Burden and Maintenance Costs For the Landlord
- Healthcare Properties Are Considered Resilient Investments, as They Are Less Affected By Economic Downturns
- West Tennessee Healthcare is Committed to Delivering High-Quality Care and Has a Strong Track Record of Operational Excellence
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 16,192 SF West Tennessee Healthcare, Inc Operated in Conjunction With the YMCA Located at 32 Conrad Drive in Jackson, TN. In This Deal Landlord Responsibilities Are Limited to Roof and Structure, Minimizing Operational Burden and Maintenance Costs For the Landlord, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Tennessee, LLC Lic. #263973 BOR: Tom Gorman Lic. TN #370394
FOR SALE DETAILS
PRICE
$3,950,151 USD
PRICE/SF
$244 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
West Tennessee Healthcare, Inc (Conrad Dr)
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Hospitals
ADD'L SUBTYPES
Assisted Living, Skilled Nursing Facility
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.53 AC
LAND SF
66,647 SF
ZONING
-
APN/PARCEL ID
-
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512-910-2665
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512-910-2665
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