Gilcher Building
Health System & Surgery Center-Anchored Medical Building | Located in a Certificate of Need (CON) St
Investment highlights
Surgery center–anchored medical office investment located in Danville, Kentucky, a Certificate of Need (CON) state, creating meaningful barriers to entry for competing surgical facilities. The regulatory environment supports long-term stability and limits future supply.
The property is anchored by Ephraim McDowell Health, a leading regional health system serving south-central Kentucky. The health system affiliation provides institutional-grade credit support, strong patient referral networks, and long-term relevance within the local healthcare ecosystem.
The on-site surgery center serves the greater Danville trade area and is utilized by 22 surgeons actively performing procedures at the facility, underscoring the asset’s role as a critical outpatient healthcare hub and reinforcing consistent patient volume and operational demand.
Significant recent capital improvements have been completed, including replacement of the HVAC system and cooling tower, reducing near-term capital expenditure risk and providing investors with improved building efficiency and long-term operational reliability.
Strategically located in Danville, the property benefits from its position within a regional healthcare corridor serving Boyle County and surrounding communities. The market is supported by stable demographics, limited new medical development, and increasing demand for outpatient surgical and specialty medical services.
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