Catylist ID: #30263874
CHI Memorial Net Leased Medical Office Investment
Office for Sale
|Catylist Listing ID:||30263874|
|Building Size (RSF):||5,993 SF|
|Gross Building Area:||See Agent|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Building Name:||Hamill Professional Centre|
|Class of Space:||Class A|
|Sale Terms:||Cash to Seller|
Overview / Comments
NAI Charter is pleased to exclusively offer for sale two medical office condos net leased by CHI Memorial at an 8.72% CAP Rate. The tenant operates the Mary Ellen Locher Breast Center and Memorial Hospital Physical Therapy within the Hamill Professional Centre Medical development.
These medical office condos are strategically located right next door to CHI Memorial Hospital Hixson at 5022 Old Godsey Lane; suites 8 and 9. This acquisition provides an investor with a strong underlying asset along with a quality medical tenant with ample lease term.
CHI Memorial is a not-for-profit healthcare organization founded in 1952 with more than 2 million square feet just in Chattanooga.
CHI Memorial offers a continuum of care including preventative, primary and acute hospital care, as well as cardiac, cancer, orthopedic, imaging, and a multitude of other services.
CHI Memorial is the tenant doing business as Mary Ellen Locher Breast Center for Excellence and Memorial Hospital Physical Therapy. Both businesses are well established and benefit from CHI Memorial being a regional referral center of choice with more than 3,500 associates and more than 650 affiliated physicians providing healthcare throughout Southeast Tennessee and Northwest Georgia.
For a Full Offering Memorandum please execute a return the confidentiality agreement ("CA") which is a link in the attached flyer via instructions on the CA.
Attachments & Media
|Tax ID/APN:||033110J A 01000C007|
|Proximity:||1 mile||3 miles||5 miles|
Jeff JenningsNAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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