5247 Airways Blvd Memphis, TN 38116

This exceptional investment opportunity presents a portfolio of six strategically located medical office buildings totaling 49,287 square feet. The portfolio boasts a diverse tenant mix of Walgreens, Fresenius Kidney Care, and DaVita Dialysis, all operating under long-term corporate leases with rent bumps. The properties are situated across five states: Tennessee, South Carolina, Kentucky, Wisconsin, and Pennsylvania, offering geographic diversification. The portfolio enjoys 100% occupancy, generating a substantial net operating income (NOI) of $1,421,769, resulting in an attractive 5.24% capitalization rate. The asking price is $27,136,000, translating to a price per square foot of $550.57. The buildings were constructed between 2006 and 2018, indicating relatively recent construction and potentially lower maintenance costs. This fee simple interest offering includes ownership of both land and buildings, providing a secure and stable investment. The portfolio's strong tenant base, high occupancy rate, and attractive financial metrics make it an ideal investment for those seeking a diversified, high-yield medical real estate portfolio. Specific property addresses are available upon request.