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Single-Tenant Medical Office

2118 Cowan Hwy, Winchester, TN 37398

For Sale
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Southern Tennessee Primary Care occupies the property under a lease with two five-year renewal options and contractual rent increases.

Property Size8,000 SF
Lot Size1.45 Acres
Price / SF$174.41
Days on Market33

Property Features for 2118 Cowan Hwy

General Information

Standard status Active
Size 8,000 SF
Lot size 1.45 Acres
Property subtype Office
Occupancy 100%
Net Operating Income $104,644

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Property Use Medical Office
Medical Specialty primary care

Building Details

Buildings 1
Tenancy Single
Owner Occupied No
Listing Agency: Franklin Street
Listed By: Justin Sturdivant · License #TN 333989
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 3:29PM

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 Franklin Street

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Investment Insights

Based on property information with market context.

This 8,000-square-foot medical office property sits on 1.45 acres in Winchester and is fully leased to Southern Tennessee Primary Care. The practice has operated since 2016 and is affiliated with Ascension Saint Thomas. The lease includes two additional five-year renewal options, each with contractual rent increases.

The property is located along Cowan Highway among medical and everyday retail businesses. Nearby healthcare providers include Pinnacle Dermatology, Results Physiotherapy, and Southern Tennessee Spine & Pain. Retail and service operators in the surrounding trade area include Chevrolet-GMC, Starbucks, Shell, T.J. Maxx, Ross, and Five Below.

Key Highlights

  • 8,000‑square‑foot medical office on 1.45 acres
  • Fully occupied by Southern Tennessee Primary Care, operating since 2016
  • Tenant affiliation with Ascension Saint Thomas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Southern Tennessee Primary ... Medical Clinic Timothy Andrews Crater Physician Dr. Oscar G. ... Physician William Newton - Southern ... Physician Dr. Jennie Williams Pediatrician

Suggested Use

Top Pick Auto Parts Store HVAC Service Hair Salon Electrical Service Auto Repair Shop Storage Facility

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37398, TN

15,693
Population
7,772
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
109.3 sq mi
ZIP Area
144
Density / Sq Mi
$63,542
Median Household Income
$40,888
Median Earnings
$879
Median Rent
$225,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Southern Tennessee Primary Care occupies the property under a lease with two five-year renewal options and contractual rent increases.
Where is this medical office space located?
The property is located at 2118 Cowan Hwy Winchester, TN.
What is the asking price?
The asking price for this property is $1,395,253.
What are key features of this property?
This property features: 8,000‑square‑foot medical office on 1.45 acres; Fully occupied by Southern Tennessee Primary Care, operating since 2016; Tenant affiliation with Ascension Saint Thomas
(941) 504-4222 Call to check price and availability
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