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Office Medical

Salem Regional Medical Center | New Expansion Location

48462 Bell School Rd, East Liverpool, OH 43920

Listing Price: $2,360,000

Cap Rate
7.50%
Gross SF
11,800
Rentable SF
11,800
Price/Gross SF
$200.00
Occupancy
100.0%
Year Built
2001
Lot Size
3.00 acres

Investment Overview

Double Net Lease Structure
Tenant Fully Responsible for Most Expenses Relating to the Property

Purpose-Designed Construction
Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs

Rent Growth Over Base Term and Options
5% Rental Increases in Year 3 and Year 5
2.5% Annual Rental Increases Throughout Option Terms

Significant Capital in Landlord Work
+/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area

Leased by Salem Regional Hospital System
Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive
Medical Services Through Modern Facilities, Diverse Care Programs, And A Strong Emphasis On Patient-Centered Treatment And Regional Health Improvement

Stable Annual Revenue Growth Supported By Diverse Inpatient And Outpatient Service Lines
Strategic Investment In Advanced Medical Technology Driving Operational Efficiency And Financial
Performance
Strong Community-Based Funding, Partnerships, And Reimbursement Mix Enhancing Long-Term Financial
Sustainability

Why This Location is Important
The New Calcutta Location Is Important For Salem Regional Medical Center Because It Expands Access To
High-Quality Healthcare In A Growing Area, Reduces Travel Time For Patients In Surrounding Communities,
And Strengthens The System’s Ability To Deliver Convenient, Outpatient-Focused Services Closer To
Where People Live And Work

Services Offers
Primary Care, Lab Services, and Convenient Care

Investment Highlights

  • Double Net Lease Structure Tenant Fully Responsible for Most Expenses Relating to the Property
  • Purpose Designed Construction Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs
  • Rent Growth Over Base Term and Options 5% Rental Increases in Year 3 and Year 5 2.5% Annual Rental Increases Throughout Option Terms
  • Significant Capital in Landlord Work +/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area
  • Leased by Salem Regional Hospital System Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive Medical Services Through Modern Facilities, Diverse Care Programs, And A Strong Emphasis On PatientCentered Treatment And Regional Health Improvement
  • Why This Location is Important The New Calcutta Location Is Important For Salem Regional Medical Center Because It Expands Access To High-Quality Healthcare In A Growing Area, Reduces Travel Time For Patients In Surrounding Communities, And Strengthens The System's Ability To Deliver Convenient, Outpatient-Focused Services Closer To Where People Live And Work
  • Services Offers Primary Care, Lab Services, and Convenient Care

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Office Medical

Salem Regional Medical Center | New Expansion Location

Listing Price: $2,360,000

Cap Rate
7.50%
Gross SF
11,800
Rentable SF
11,800
Price/Gross SF
$200.00
Occupancy
100.0%
Year Built
2001
Lot Size
3.00 acres

Investment Highlights

  • Double Net Lease Structure Tenant Fully Responsible for Most Expenses Relating to the Property
  • Purpose Designed Construction Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs
  • Rent Growth Over Base Term and Options 5% Rental Increases in Year 3 and Year 5 2.5% Annual Rental Increases Throughout Option Terms
  • Significant Capital in Landlord Work +/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area
  • Leased by Salem Regional Hospital System Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive Medical Services Through Modern Facilities, Diverse Care Programs, And A Strong Emphasis On PatientCentered Treatment And Regional Health Improvement
  • Why This Location is Important The New Calcutta Location Is Important For Salem Regional Medical Center Because It Expands Access To High-Quality Healthcare In A Growing Area, Reduces Travel Time For Patients In Surrounding Communities, And Strengthens The System's Ability To Deliver Convenient, Outpatient-Focused Services Closer To Where People Live And Work
  • Services Offers Primary Care, Lab Services, and Convenient Care

Investment Overview

Double Net Lease Structure Tenant Fully Responsible for Most Expenses Relating to the Property Purpose-Designed Construction Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs Rent Growth Over Base Term and Options 5% Rental Increases in Year 3 and Year 5 2.5% Annual Rental Increases Throughout Option Terms Significant Capital in Landlord Work +/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area Leased by Salem Regional Hospital System Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive Medical Services Through Modern Facilities, Diverse Care Programs, And A Strong Emphasis On Patient-Centered Treatment And Regional Health Improvement Stable Annual Revenue Growth Supported By Diverse Inpatient And Outpatient Service Lines Strategic Investment In Advanced Medical Technology Driving Operational Efficiency And Financial Performance Strong Community-Based Funding, Partnerships, And Reimbursement Mix Enhancing Long-Term Financial Sustainability Why This Location is Important The New Calcutta Location Is Important For Salem Regional Medical Center Because It Expands Access To High-Quality Healthcare In A Growing Area, Reduces Travel Time For Patients In Surrounding Communities, And Strengthens The System’s Ability To Deliver Convenient, Outpatient-Focused Services Closer To Where People Live And Work Services Offers Primary Care, Lab Services, and Convenient Care

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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