100-300 Medical Center Drive Gadsden

100 & 300 Medical Center Drive offer a rare opportunity to acquire two on-campus medical office buildings totaling 100,453 square feet adjacent to Gadsden Regional Medical Center, a key healthcare hub in northeast Alabama. The portfolio is currently 52% occupied, providing in-place income with significant upside through targeted lease-up, refreshed tenant improvements, and enhanced positioning within the regional healthcare ecosystem.

The assets can be acquired at well below replacement cost, at a price point that reflects a compelling entry for investors seeking to create value while minimizing downside risk. Given the high costs of new medical office construction — typically exceeding $600/SF — and market rents averaging $20–$22/SF Full Service at minimum, these properties represent a highly efficient investment with strong comparative fundamentals.

On-campus location: Directly connected to Gadsden Regional Medical Center, offering strong visibility and tenant synergies.

Low basis: Acquire on campus medical significantly below comparable development or acquisition costs in the medical office space

Value creation: Flexible lease terms and vacant space create a near-term opportunity to increase occupancy and improve cash flow.

In the past four years net patient revenue at Gadsden Regional Medical Center has increased by nearly $ 1 Billion from $2.4 B in 2020 to $$3.2B in 2024.