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Rogersville Medical Center Modified Gross Medical Center Tennessee

Rogersville Medical Center | Rogersville, TN
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Investment Offering

Tenant: Rogersville Medical Center | Rogersville, TN
Premises: 8,728 SF
Renewal Options: Varies

Lease Expiration: Varies
Lease Type: Modified Gross
Rental Increases: Varies


Sands Investment Group is Pleased to Present Exclusively For Sale the 8,728 SF Modified Gross Medical Center Located at 900 West Main Street in Rogersville, Tennessee. The Property is an Excellent Value-Add Opportunity Through Lease Up and Marking Current Rents to Market Rates. The Property Has Undergone Numerous Capital Improvements Such as Common Area Renovations and a New Roof in 2021.

  • Excellent Value-Add Opportunity as Current Rent is 20% Below Market Rates
  • Substantial Leasing Activity on the Current Vacancy, Allowing For a Quick Lease Up Opportunity
  • New Roof in 2021
  • Interior Common Area Improvements in 2020
  • Excellent Visibility on Main Street Which is Less Than 1-Mile From Downtown Rogersville
  • Property Sits on 0.77 Acre Lot on Main Street
  • Property is Located 0.3-Miles Away From the Hawkins County Memorial Hospital
  • Strong Demographics With a Population of 13,612 Residents Making an Average Household Income of $55,905 Within a 5-Mile Radius
  • Nearby Retailers Include: First Community Bank, State Farm, Walmart Supercenter, NAPA Auto Parts, Walgreens, Papa John’s Pizza, Farmers Home Furniture and Rent-A-Center

In Cooperation With Sands Investment Group Tennessee, LLC, Lic. #263973 BoR: Kaveh Ebrahimi Lic. # 344496

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Tenant Overview

Medical Services of America is a comprehensive home healthcare provider that offers home healthcare, hospice care, home medical equipment and supplies, diabetic supplies, respiratory services, mail order supplies, enteral nutrition therapy, assisted living and memory care facilities, physician practice management, billing, and printing services. Medical Services of America began with a unique concept, “Total Home Healthcare,” and its expansion has been guided with that concept in mind. Every area of service is managed and staffed by qualified professionals, trained and experienced in their respective fields. All offices are company-owned, not franchised, to ensure the highest quality of home care services.
Their home health agencies are committed to caring for and educating patients to live as independently as possible. They will provide services in the comfort of patient’s home while they’re recovering from an illness or surgery. This includes Skilled Nursing, Physical Therapy, Speech Therapy and Occupational Therapy. The philosophy of hospice care division is to give individuals and their families the true compassion, caring and support they deserve as they deal with a life-limiting illness. Their services offer a specialized team of dedicated caregivers, chosen to meet the unique needs of every Hospice patient. This team includes registered nurses, chaplains, home health aides, social workers and bereavement counselors.

Area Overview

Rogersville Medical Center | Rogersville, TN

900 W Main Street - Rogersville, TN 37857

Contact Broker for Details

Status: Sold

Rogersville Medical Center | Rogersville, TN

Paul Timmons

704.666.7652
ptimmons@SIGnnn.com

Gary Heeseman

704.397.1665
gheeseman@SIGnnn.com

Amar Goli

704.275.3787
amar@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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