Investment Overview

Marcus & Millichap is pleased to present 100-B Community Drive, Waynesboro, VA 22980. This 2,946-square-foot medical office is fully occupied by Ivy Rehab Synergy Rehab & Wellness, operating under a triple-net lease structure with 2 percent annual rental increases and two, five-year renewal options. There are approximately three years remaining on the initial five-year lease term. Ivy Rehab has expanded to more than 50 outpatient clinics in Virginia through its partnerships with Synergy Rehab & Wellness. "When looking for a partner, we seek a leader who matches our culture of upholding the highest clinical standards and creating spectacular experiences for their teammates and patients. Tobin has demonstrated he is precisely the partner Ivy Rehab seeks out," said Michael Rucker, CEO of Ivy Rehab. "We are thrilled to expand our Virginia footprint and provide high-quality, innovative care with the best patient outcomes as our collective goal alongside Tobin and Synergy Rehab & Wellness." Waynesboro is a community of outdoor enthusiasts that has emerged as a major retail center in Augusta County. It borders the Charlottesville MSA to the east and the Harrisonburg MSA to the north. Its location in the heart of the Shenandoah Valley provides access to a variety of employment opportunities within an easy 45-minute commute and ample recreational assets. Waynesboro’s rich history, national parks, and award-winning brewery scene attract visitors from all over the United States.