ADVANCED SURGICAL TECHNOLOGY & AST PRIMARY CARE PORTFOLIO
,
Centralia, Mt Vernon, Herrin, Carlyle, Hoyleton, Marion & Salem,
IL
$21,641,274
Cap Rate
7.63%
Price Per SF
$503
Occupancy
100%
Leasable Area
43,043 SF
NOI
$1,650,245
Property Type
Healthcare
LEAD LISTING AGENT
Email
[email protected]
License No.
SL3583837 (FL)
Direct
+1 (818) 510-3158
Mobile
+1 (678) 338-1419
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- STATE-OF-THE-ART FACILITIES – The newly constructed state-of-the-art facilities feature extensive medical equipment for a variety of surgical procedures that address a wide variety of needs, including primary care, vascular care, general surgery, and aesthetic and anti-aging treatments.
- STABLE LONG-TERM INVESTMENT | OPTIONS TO EXTEND – The Absolute NNN, 15-Year leases commence at the close of escrow and have 3.00% annual rental increases and three (3), five (5) year options to extend.
- SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION – The lease features 3.00% annual rental increases, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.
- MEDICAL OFFICE INVESTMENT – Healthcare real estate is increasingly desirable due to its distinct capacity to prosper in tough economic climates. With robust demand, a steady tenant foundation, and resilience against economic slumps, it presents a coveted asset for investors targeting greater investment stability
- 10 LOCATION PRACTICE – Advanced Surgical Technology has 10 locations across southern Illinois to further emphasize their mission to provide accessible care at the highest standard. The facility also features an office-based lab for timely and convenient test results. Surgical procedures include general surgery, vascular surgery, endoscopies, breast care, and aesthetic treatments. AST Primary Care has seven locations across southern Illinois, providing comprehensive healthcare for the entire family—from physicals and Medicare wellness visits to flu shots and mental health services.
- SURGICAL SERVICES – Advanced Surgical Technology, with locations in Mt. Vernon, Centralia, and Herrin, offers superior surgical and non-surgical care, providing a wide range of medical and aesthetic services. The facilities feature office-based labs for timely and convenient test results. Surgical procedures include vascular services, general surgery (hernia repair, colon surgery, laparoscopic cholecystectomy, thyroid removal, hemodialysis catheter placement, laparoscopic appendectomy, venous ports, and biopsies), breast care (mammogram screenings, minimally invasive biopsies, genetic testing, and risk assessments), and aesthetics (laser treatments, spider vein removal, BOTOX, Juvéderm, Kybella injections, Environ Skincare, and SkinMedica).
- PRIMARY CARE – AST Primary Care has seven locations across southern Illinois and offers comprehensive healthcare for the entire family—ranging from physicals and Medicare wellness visits to flu shots and mental health services.
- TENANT INVESTMENT IN LOCATION – Built-to-suit for the practice by the owner, surgical facilities rarely relocate due to difficulty retaining the same patients in a new location and the high costs associated with moving and buildouts.
Broker of Record
- Matthew M. Fitzgerald
- License No. 478027547 (IL)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203