The Conrad Pearson Clinic 1325 Wolf Park Dr 33,777 SF 100% Leased Office Building Germantown, TN 38138 $41,522,101 CAD ($1,229.30 CAD/SF) 5.81% Cap Rate

Long Term Leases with Annual Growth
Both Leases Feature Annual Rental Increases Throughout Term
Triple Net Lease Structure
Tenant Fully Responsible for All Expenses Relating to the Property with Ability to Collect Reimbursement for Management and Operating Personnel.

Purpose Designed Construction
Designed and Constructed by The Conrad Pearson Clinic to Accommodate their Specific Needs while Providing a Streamlined Connection of their Clinical and Surgical Practices

Significant Growth within Urology Specialty
Increasing Incidence of Prostate Cancer and Other Urological Issues with Aging Population to Double in Next 25 years.
Projected 10.33% Compounded Annual Growth Rate Through 2030.

Major Medical Industry in
Memphis, Tennessee
Major Institutions Include:
St. Jude Children's Research Hospital
Methodist Le Bonheur Healthcare
Baptist Memorial Health Care
These Systems Create a Large Healthcare Workforce, Large Patient Volumes, Clinical Research Opportunities and Demand for Healthcare Services and Suppliers.
Healthcare and Life Science in Greater Memphis Compose One of the Largest Industry Clusters in the Region with 88,725 Employees, Accounting for 13% of the Regions Workforce.

High Patient Demand + Low Operating Costs Provide Perfect Environment for Success
Mid-South Region is Known as the Center of the Chronic Disease Belt which Contributes to Significant Healthcare Demand.
Large Regional Population Base and Limited Access to Care in Rural Areas Drives High Patient Volumes.
No State Income Tax and a Competitive Corporate Tax Rate Combined with a Cost of Living that is 12% Below the U.S. Average provides a Low-Cost Environment for Healthcare Businesses and Employees.