HCA Healthcare - Short Pump, VA (Richmond)

Avison Young’s U.​S.​ Capital Markets Group, as exclusive advisors to the owner, is pleased to present the opportunity to acquire a rare, brand new construction, single tenant medical property in the Short Pump suburb or Richmond, VA.​ Built in 2024, this offering is 19,980 square feet and now occupied by HCA Health Services of Virginia.​ The property is situated on W Broad Street seeing roughly 40,000 vehicles per day.​ Demographics are excellent, especially with the continued influx of people relocating to Richmond.​ This offering represents a rare chance to acquire an incredibly well-located asset with a drive-thru that is leased for 10+ years by a credit-worthy tenant.​

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  NEW CONSTRUCTION MEDICAL FACILITY: HCA invested $3.6 million into their buildout, exclusive of the tenant improvement allowance and furniture fixture and equipment.

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  CERTIFICATE OF PUBLIC NEED: Tenant received COPN for the Imaging Center and use of imaging-related equipment. Any

  future relocation of this equipment would require governmental approval.

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  100% LEASED TO CREDIT WORTHY TENANT: The parent company maintains investment grade credit (S&P: BBB- and Moody’s: Baa3).

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  LONG TERM INCOME SECURITY: New 10-year lease with 2.5% annual increases and four (5-year) renewal options.

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  MINIMAL LANDLORD RESPONSIBILITY: The lease provides an investor with minimal landlord responsibilities (NN) limited to roof and structure (warranties - new construction).

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  EXCELLENT VISIBILITY & ACCESSIBILITY: A dedicated parking lot serves the property seeing 36,000 VPD on W Broad Street.