For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

406 E Main Blvd Church Hill, TN 37642

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$1,650,000

Single-tenant medical office building in Church Hill, Tennessee for sale.

Property size:
6,572 SF
Lot size:
3.70 Acres

Property Features for 406 E Main Blvd

General Information

Standard status
Active
Size
6,572 SF
Lot size
3.70 Acres

Building Details

Year built
1996

We can help!

Listing Contact
Glenn Perkins
Glenn Perkins
Source: Crexi

Listing Agency: TCI Group – Jerry Petzoldt Agency LLC Listing Agent: Glenn Perkins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

Medical Office Investment Opportunity

This offering presents the opportunity to acquire a single-tenant medical office investment occupied by Holston Medical Group (HMG) Primary Care, now operating as part of Optum, a division of UnitedHealth Group. The property is a 6,572 square foot purpose-built medical office building constructed in 1996 specifically for HMG Primary Care. It is strategically located along East Main Boulevard in Church Hill, Tennessee. The clinic has operated continuously at this location for nearly three decades. Holston Medical Group, originally founded in 1977 as a physician-owned multi-specialty practice, was acquired by Optum in August 2025 and integrated into its expanding national outpatient healthcare network. The property is leased under a triple-net (NNN) lease structure, providing stable passive income with limited landlord responsibilities. The current lease represents the fifth amendment to the original 1996 lease agreement, reflecting a long-standing occupancy history and continued renewal commitment by the tenant. The current 10-year lease term commenced March 1, 2020 and extends through February 28, 2030, with an automatic two-year extension option. Annual base rent is $106,566, with landlord responsibilities limited to roof, HVAC, and structural components. This offering provides investors with the opportunity to acquire a stabilized healthcare investment at a 6.46% capitalization rate, combining long-term medical tenancy, corporate healthcare affiliation, and durable income characteristics in a growing Northeast Tennessee market.
Location Intelligence

Current Use by Public Records

Schilling David E ... Pediatrician Heather Varney Physician HMG Primary Care ... Medical Clinic Kelly McQueen, DO ... Physician Terri Duncan Physician

Suggested Use

Restaurant Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Church Hill Vet Hospital

Location Insight

  • Map
  • Local Demand
City
Church Hill
County
Hawkins
State
Tennessee
Longitude
-82.724069
Latitude
36.522241

FAQs

What type of property is this?
Medical Office Space - Single-tenant medical office building in Church Hill, Tennessee for sale.
Where is this medical office space located?
The property is located at 406 E Main Blvd Church Hill, TN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Long-term NNN lease with Holston Medical Group (HMG) / Optum (UnitedHealth Group) provides stable, passive income.; - Tenant is affiliated with Optum, a division of UnitedHealth Group.; - Property has a long-standing occupancy history of nearly three decades.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message