Specialized healthcare facility – Medical outpatient buildings have a strong track record of providing ideal tenants and lease terms for investors. This is especially true for ambulatory surgery centers due to their highly specialized build-out, which creates an increased demand for the space.
Long-term lease – The tenant lease has nine years of remaining term which provides investors with the confidence for long-term, predictable income while minimizing near-term rollover risk.
Annual rental increases – Ensure consistent rental income growth with the 2% annual increases included in this lease. Rental increases are an integral part of any investment asset as a means to hedge against inflation.
Healthcare corridor – Tallahassee Memorial (772 beds), HCA Florida Capital (288 beds), and Select Specialty LTAC (35 beds) are within 1.25 miles of this surgery center. With a total of 1,095 beds, this dense concentration of hospitals creates a unique medical corridor, prime for a medical clinic and surgery center.
State capital – Tallahassee is the state capital anchored by government and education, creating a strong base and need for healthcare. As a regional hub, it provides accessible transportation to healthcare for surrounding communities.