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Marketing Description
Randall Commercial Group, LLC is pleased to present this fee simple condo medical sale leaseback opportunity in Oxford, Mississippi. Oxford is one of the fastest growing micropolitans in the nation with a drastic population growth over the last 11 years. The property is located minutes from Oxford's newest commercial and residential development, The Oxford Commons, where there are plans to expand an additional 16 acres of commercial and retail businesses, with development already underway in much of the area.
Dr. Michael Turner, founder of Oxford Family Vision Clinic, has been in business in Oxford since 1989, moving to the current location in 2008, strategically located 2.9 miles from the brand new state-of-the-art Baptist Memorial Hospital and other major medical establishments. Dr. Turner's practice is located within close proximity of the historic Oxford square, as well as the downtown business district, which houses myriad residential and student dwellings. The tenant will sign a 5-year, Absolute NNN lease at closing with 2.00% annual increases and Five (5), Three (3) year renewal options. At closing, purchaser shall also obtain fee simple condo ownership.
Investment Highlights
- Absolute NNN healthcare investment opportunity with 15 years of renewal options
- Full scope eye care clinic and full service optical laboratory for on-site lenses
- Established provider with 30+ years in the current market
- Located 2.9 miles away from the state-of-the-art Baptist Memorial Hospital
- Located along N. Lamar Blvd seeing 8,000 vehicles per day
Loan History
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Contact Information
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Contacts
Listing removed on
BY:
Elizabeth Randall PRO
•••.•••.4044
••••dall@•••••••••.com
Listing removed on
BY:
Port Campany
•••.•••.0730
••••pany@•••••••••.com
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