Three Gables Surgery Center
STNL | Ambulatory Surgery Center & Imaging Center | 5-Year Renewal
Marketing description
Jennifer Stein Real Estate, Inc., in conjunction with Zeustra Healthcare Real Estate Advisors – Out-of-State Cooperating Broker, is pleased to present the exclusive opportunity to acquire the Three Gables Surgery Center, a purpose-built ambulatory surgery center located at 5897 County Road 107 in Proctorville, Ohio, within the Huntington, West Virginia medical corridor. This single-tenant, triple net leased healthcare asset is leased to Three Gables Surgery Center, LLC, which is managed by St. Mary’s Medical Center (SMMC), a member of Marshall Health Network and one of the region’s leading healthcare systems. The tenant has recently executed a new five-year lease renewal, reinforcing its long-standing commitment to the location and providing investors with stable, predictable cash flow.
Originally constructed in 2002 for the tenant, the facility has a proven operating history spanning more than two decades and supports approximately 4,850 annual surgical cases. The surgery center features four fully equipped operating rooms and two procedure rooms, while the adjoining St. Mary’s Imaging Center offers on-site MRI services, creating a comprehensive outpatient medical campus. Three Gables performs a wide range of same-day procedures, including orthopedic, ENT, ophthalmology, plastic and reconstructive, podiatry, and pain management surgeries—delivering hospital-level care in a lower-cost, outpatient setting that aligns with the ongoing shift toward ambulatory surgical delivery nationwide.
Strategically located approximately 2.5 miles from St. Mary’s Medical Center in Huntington, West Virginia, the property benefits from direct proximity to one of the largest and most established healthcare institutions in the state. St. Mary’s Medical Center is a 413-bed regional referral hospital and one of Cabell County’s largest private employers, offering specialties in cardiac care, oncology, emergency and trauma services, neuroscience, and orthopedics. This close affiliation and geographic alignment reinforce the long-term viability of Three Gables Surgery Center as an integral extension of the hospital’s outpatient surgical network.
The offering represents a rare opportunity to acquire a mission-critical, single-tenant ambulatory surgery center with a long operating history, strong healthcare system affiliation, and newly renewed lease in place. With durable healthcare demand drivers, a purpose-built surgical facility, and continued alignment with one of the region’s leading hospital systems, Three Gables Surgery Center offers investors stable, healthcare-anchored income and long-term operational security within a growing outpatient medical sector.
Investment highlights
Mission-Critical Surgical Facility
±29,732 SF purpose-built ambulatory surgery center constructed in 2002 with 20+ years of continuous operations.
Single-tenant, net-leased facility managed by St. Mary’s Medical Center (SMMC), a member of Marshall Health Network.
Newly executed five-year lease renewal reinforces long-term tenant commitment and income stability.
High-volume outpatient surgical center performing approximately 4,850 annual cases.
Features four operating rooms and two procedure rooms supporting multiple surgical specialties.
Adjoining imaging center provides on-site MRI services, enhancing campus synergy.
Located 2.5 miles from St. Mary’s Medical Center (413-bed regional hospital), supporting strong referral alignment.
Mission-critical, purpose-built infrastructure supports durable, healthcare-anchored income.
Strategic Hospital Proximity
Located in Proctorville, Ohio within the Huntington, West Virginia medical corridor, directly serving the greater Tri-State region (Ohio, West Virginia, Kentucky).
Positioned approximately 2.5 miles from St. Mary’s Medical Center, a 413-bed regional referral hospital and one of the largest healthcare employers in the state.
Direct alignment with St. Mary’s Medical Center and Marshall Health Network strengthens referral patterns and long-term outpatient integration.
Benefits from proximity to a major acute-care campus offering cardiac care, oncology, trauma services, neuroscience, and orthopedics— supporting consistent surgical demand.
Strategically situated to capture patient volume from Cabell County and surrounding communities seeking high-quality, same-day surgical care.
Embedded within a stable, healthcare-driven regional economy anchored by one of West Virginia’s leading medical institutions.
Operational and Financial Security
More than 20 years of continuous surgical operations at this purpose-built facility underscore long-term stability and tenant commitment.
Single-tenant, net-leased structure provides predictable cash flow with minimal landlord management responsibilities.
Recently renewed five-year lease reinforces income durability and continued integration within the health system’s outpatient network.
High-volume ambulatory surgery center performing approximately 4,850 cases annually demonstrates consistent utilization and demand.
Purpose-built surgical infrastructure (four operating rooms, two procedure rooms, integrated imaging) creates high barriers to entry and strong re-tenanting protection.
Institutional healthcare system management supports operational oversight, referral alignment, and long-term viability of medical use.
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