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32 Conrad Dr - West Tennessee Healthcare, Inc (Conrad Dr)

16,192 SF Health Care Building Offered at £3,201,167 at a 7% Net Initial Yield in Jackson, TN 38305

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Investment Highlights

West Tennessee Healthcare Inc, a Leading Healthcare Provider in the Region, Operates a Robust Network of Ninety (90) Hospitals
Annual Rental Increases of 2% Ensure Steady Growth in Net Operating Income (NOI) and Protect Against Inflation
Healthcare Properties Are Considered Resilient Investments, as They Are Less Affected By Economic Downturns

This Investment Offers Approximately 8 Years Remaining on the Initial Lease Term, Providing Investors With a Stable, Long-Term Income
Landlord Responsibilities Are Limited to Roof and Structure, Minimizing Operational Burden and Maintenance Costs For the Landlord
West Tennessee Healthcare is Committed to Delivering High-Quality Care and Has a Strong Track Record of Operational Excellence

Executive Summary

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

Property Facts

Price	£3,201,167	Lot Size	1.53 AC
Price Per Bed	£3,201,167	Building Size	16,192 SF
Sale Type	Investment	No. Beds	1
Net Initial Yield	7%	Number of Floors	1
Property Type	Health Care	Year Built	1986
Property Subtype	Hospital Healthcare Assisted Living Healthcare Skilled Nursing Facility

Price	£3,201,167
Price Per Bed	£3,201,167
Sale Type	Investment
Net Initial Yield	7%
Property Type	Health Care
Property Subtype	Hospital Healthcare Assisted Living Healthcare Skilled Nursing Facility
Lot Size	1.53 AC
Building Size	16,192 SF
No. Beds	1
Number of Floors	1
Year Built	1986

Contacts

Stratton Greig
Thomas Miller
Austin Marsh
Will Beightol
Thomas Gorman
Sands Investment Group Austin, LLC

Listing ID: 33079203
Date on Market: 06/09/2024
Last Updated:
Address: 32 Conrad Dr, Jackson, TN 38305

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