EYESOUTH PARTNERS

INVESTMENT HIGHLIGHTS:

• Passive Income: Secure a long-term, predictable income stream with the NN lease included with this property. This ‘hands off’ approach is ideal for an out of state investor or those seeking less management intensive investments. All HVAC units have been replaced in 2024, minimizing possible capital exposure for a new landlord, increasing the passive nature of this asset.”
• Favored Product Type: Healthcare Real Estate provides many benefits and continues to gain recognition as a favored investment compared to other asset classes. With longer-term leases, high rental averages, increased property values, and economic resiliency, medical tenants check all the boxes of an ideal tenant.
• Growing Income: Maintain continued growth of your investment dollars with the 2% annual increases through the base term and renewal options included in this lease.
• Long-Term Lease: A future owner can benefit from over 9 years remaining on the base term of this lease. Long-Term investments provide confidence in an investor and lenders, knowing that there is a reliable income stream for the next decade.
• Active Market: The Florida panhandle is known for being one of the most scenic parts of the state, flush with tourism, a growing population, and a thriving region for healthcare professionals.
• Recession Resistant Property: Pet service facilities providers are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
• Easily Accessible: This site is outparcel to a shopping center on the main road connecting downtown Chipley with Hwy 10, nestled among various national tenants such as Tractor Supply, Exxon, McDonald’s, and Advanced Auto Parts.
• Hospital Adjacent: Northwest Florida Community Hospital is a 59-bed hospital, just a quarter mile from the subject property. This proximity is ideal for any medical tenant or investor owning a medical office building.
• Metro Midway: Chipley is the midway point between Dothan and Panama City, providing ample traffic counts and visibility as traffic flows between the two cities.
• Growing Operator: EyeSouth Partners occupies this facility and continues to grow as it partners with various practices throughout the eastern region of the US. With 105+ practices in 2021 and 220+ in 2023, this operator continues growing, showing a successful track record.
• Private Equity Backed: EyeSouth Partners is backed by Olympus Partners, which has over $8.5B under management and a proven track record of increasing value to companies to fuel their growth and improve operations.
• Largest Ophthalmology Group: EyeSouth Partners has a unique demand within the community as being the largest ophthalmology group within the county.
• Multi-Billion Dollar Industry: The ophthalmology market was estimated at $56.2B in 2022 and $59.9B in 2023 and is expected to compound at 6.63% to reach $93.99B by 2030.