Single-Story Medical
For Sale
Contact for pricing
1002 CORNERSTONE DR, Paris, TN 38242
Fully leased healthcare facility with three operating rooms and a procedure room.
Property Size15,421 SF
Price / SF$592.74
Days on Market16
Property Features for 1002 CORNERSTONE DR
General Information
Standard status
Active
Size
15,421 SF
Class
A
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$594,148
Building Details
Year Built
2000
Year Renovated
2024
Buildings
1
Stories
1
Units
1
Tenancy
Multi
Building Size
15,421 SF
Owner Occupied
No
Listing Agency:
CBRE - Healthcare Capital Markets
Listed By:
Jaime Jones Vantsa · License #100103493
Source:
Crexi
Added: Aug 19
Changed: Sep 2
Last Checked: Sep 2 at 2:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Healthcare Capital Markets
Investment Insights
Based on property information with market context.
This 15,421-square-foot ambulatory surgery center is a single-story medical facility originally built in 2000 and substantially renovated in 2024. Improvements include three operating rooms, one procedure room, advanced diagnostic and surgical equipment, upgraded wiring for Epic electronic health records, and operating rooms configured for multiple specialties. A urology clinic is integrated adjacent to the surgery center.
The property is in Paris, Tennessee, within walking distance of the 142-bed West Tennessee Healthcare Henry County Hospital, identified as the only acute care hospital within a 25-mile radius. West Tennessee Healthcare occupies the facility under two triple-net leases extending through December 2038, with 3.0% annual escalations. Clinical services supported at the center include orthopedics, podiatric surgery, gastroenterology, plastic surgery, and advanced urological implants.
The property is in Paris, Tennessee, within walking distance of the 142-bed West Tennessee Healthcare Henry County Hospital, identified as the only acute care hospital within a 25-mile radius. West Tennessee Healthcare occupies the facility under two triple-net leases extending through December 2038, with 3.0% annual escalations. Clinical services supported at the center include orthopedics, podiatric surgery, gastroenterology, plastic surgery, and advanced urological implants.
Key Highlights
- 15,421 SF single‑story ambulatory surgery center built in 2000
- Major renovation completed in 2024
- Three operating rooms and one procedure room
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
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Business Placement
Demographics for 38242, TN
19,940
Population
9,390
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
175.5 sq mi
ZIP Area
114
Density / Sq Mi
$44,833
Median Household Income
$35,723
Median Earnings
$759
Median Rent
$157,400
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical center - Fully leased healthcare facility with three operating rooms and a procedure room.
Where is this medical center located?
The property is located at 1002 CORNERSTONE DR Paris, TN.
What is the asking price?
The asking price for this property is $9,140,700.
What are key features of this property?
This property features: 15,421 SF single‑story ambulatory surgery center built in 2000; Major renovation completed in 2024; Three operating rooms and one procedure room
