72 Physicians Dr Jackson, TN 38305-2070

This exceptional investment opportunity presents a 5,411 square foot medical office building in Jackson, Tennessee, currently leased to West Tennessee Healthcare, Inc., a leading regional healthcare provider with an A- credit rating. The property, located at 72 Physicians Drive, boasts a strong 10-year net lease (NN) with annual rent increases of 2%, providing a built-in hedge against inflation. The lease commenced September 1, 2022, and has approximately 7.8 years remaining, with two 5-year renewal options. Landlord responsibilities are limited to roof and structure maintenance, minimizing operational burden. Built in 1996 and renovated in 2001, this single-tenant facility sits on a 1.11-acre lot and currently generates a net operating income (NOI) of $95,703, representing a 7.00% capitalization rate. The property's price per square foot is $252.67, and the asking price is $1,367,189. The investment's resilience is further enhanced by the inherent stability of the healthcare sector, making this a compelling opportunity for long-term income generation and appreciation. The tenant's operational excellence and strong financial standing contribute to the property's overall value and attractiveness as a low-risk, high-return investment. The property's location in Jackson, TN, within a thriving medical community, further strengthens its long-term prospects.