NNN Medical Office Ashland KY
Medical office condo within University of Kentucky Medical Center
Marketing description
NNN investment with long-term tenant and a hospital-campus location. This 2,953 SF first-floor medical office condo is situated within the University of Kentucky Kings Daughters Medical Center in Ashland, Kentucky, placing it at the heart of the region's premier healthcare destination. Mt. State Oral & Facial Surgery, a nine-location specialty practice spanning West Virginia, Kentucky, and Virginia, is locked in through 2034 under a triple net lease, providing investors with 8 years of passive, predictable income.
The hospital-campus setting is a significant differentiator — co-location with a major medical center drives consistent patient traffic, reinforces the tenant's long-term commitment to the site, and dramatically reduces re-tenanting risk. For investors seeking a recession-resistant, healthcare-anchored asset with minimal management responsibility.
Investment highlights
Triple Net (NNN) Lease — Tenant responsible for operating expenses, delivering true passive income
Long-Term Tenant in Place — Mt. State Oral & Facial Surgery leased through 2034, offering 8 years of remaining term
Premier Hospital-Campus Location — Situated within the University of Kentucky Kings Daughters Medical Center, one of the region's leading healthcare facilities
Built-In Patient Traffic — Hospital co-location ensures a steady, captive referral base supporting long-term tenant stability
Highly Established Regional Tenant — Nine locations across WV, KY, and VA, demonstrating broad operational reach and financial strength
First-Floor Medical Office Condo — Accessible, purpose-built space ideal for continued specialty medical use
2,953 SF — Efficiently sized for a single-provider oral surgery practice
Portfolio Sale Option Available — Acquire individually or bundle with other Mt. State locations for a diversified medical portfolio
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