2781 Ct Switzer Sr Drive, Biloxi, MS 39531

Highgate Partners is pleased to exclusively present the opportunity to acquire Gulf Coast Medical Tower, a four-story medical office building totaling 62,940 square feet and located in Biloxi, Mississippi. The multi-tenant property is 89% leased and is strategically located between Memorial Hospital's Gulfport (328 beds) and Biloxi (153 beds) hospital campuses. The Class "A" building is anchored by Memorial Hospital and Gulf Coast Surgery Center. Memorial Hospital occupies 20,923 square feet (32.24% of the GLA) and recently renewed their leases for five years. Gulf Coast Surgery Center occupies 12,350 square feet (12.00% of the GLA) on the first floor, is governed by a certificate of need (CON) and maintains a state-of-the art surgery center with three (3) operating rooms. Recognized as one of the premier medical outpatient buildings in Gulfport/Biloxi, Gulf Coast Medical Tower is strategically positioned to capitalize on the tremendous tenant credit, the close proximity to two premier hospital campuses and quality in-place leases.

This opportunity is highlighted by a number of factors, including an impressive tenant roster, tremendous leasing velocity, and an exceptional healthcare location amidst a highly desirable patient population.