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Home Health and Hospice Facility
For Sale
Contact for pricing
Pending

1423 W Morris Blvd, Morristown, TN 37813

For-sale medical center occupied by Amedisys with a lease initiated in 2021 and annual rent escalations.

Property SizeContact for details
Days on Market149

Property Features for 1423 W Morris Blvd

General Information

Standard status Pending
Property subtype Office
Listing Agency: SAB Capital
Listed By: Dominic Padula · License #NY 10401319263
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Sep 3 at 3:54AM

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 SAB Capital

Investment Insights

Based on property information with market context.

Amedisys Home Health and Hospice is a for-sale healthcare property in Morristown, Tennessee. The facility is leased to Amedisys, which began a five-year lease in 2021 and includes annual rent escalations. Amedisys is described as serving over 400,000 patients annually through its home healthcare services.

The property is located at 1423 W Morris Blvd in Morristown, TN. The public remarks also cite local population growth of 5% since 2010, with a projected 4% increase through 2027.

Key Highlights

  • For‑sale medical center in Morristown, Tennessee, occupied by Amedisys
  • Lease commenced in 2021 with annual rent escalations
  • Amedisys is a home healthcare and hospice services provider (NASDAQ: AMED)

Property Analytics

Current Use

Amedisys Hospice Care, ... Nursing Home Amedisys Home Health ... Home Health Care Service

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 37813, TN

18,030
Population
7,492
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
58.0 sq mi
ZIP Area
311
Density / Sq Mi
$47,783
Median Household Income
$34,827
Median Earnings
$813
Median Rent
$158,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - For-sale medical center occupied by Amedisys with a lease initiated in 2021 and annual rent escalations.
Where is this medical center located?
The property is located at 1423 W Morris Blvd Morristown, TN.
What are key features of this property?
This property features: For‑sale medical center in Morristown, Tennessee, occupied by Amedisys; Lease commenced in 2021 with annual rent escalations; Amedisys is a home healthcare and hospice services provider (NASDAQ: AMED)
More about this property
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