Baptist Medical Group Women's Health Center

Union City, TN
24,000 sq. ft.

A newly constructed, built-to-suit, 24,000 sq. ft. Class A medical office building that is 100% leased to Baptist Memorial Medical Group. The building consists of a ground floor, 12,000 sq. ft. OBGYN Clinic with the balance of the space being filled by Stern Cardiologist Group. The project is fully guaranteed by Baptist Memorial Health Care Corporation, one of the nation’s leading health care systems, and carries an investment grade credit rating of BBB+ by Standard & Poor Global Ratings.

The Baptist Health Center site was strategically selected by Baptist Memorial Health Care Corporation, through a comprehensive site selection process, in order to maximize patient access to premier medical care. The property sits on campus of the Baptist Memorial Hospital-Union City, a 137-bed facility that services northwest Tennessee and western Kentucky. Baptist operates out of this facility on a triple net basis, minimizing ownership’s exposure to future capital expenditures and increasing operating expenses due to inflation. As a result, the Baptist Health Center provides investors a stable and predictable in-place cash flow for years to come that is also subject to annual rental rate increases of 2.5%. Ideally positioned on over 1.6 acres of land, the property is situated in a dense, in-fill location and is proximate to an abundance of local amenities.