Meriter Hospital Clinic, Downtown Madison, WI

Highlights

• Below Replacement Cost Opportunity – Offered at a basis below today’s medical construction replacement cost.
• Covered Land Play Along Redeveloping Corridor – Investors control a well located parcel along South Park Street, an area experiencing ongoing redevelopment and multifamily growth.
• Operational Support Facility – The property is utilized for both outpatient medical services and hospital equipment storage, allowing the tenant to efficiently support operations at the nearby hospital campus.
• Prime Infill Madison Location – Positioned along South Park Street just south of Downtown Madison within a dense urban trade area.
• Proximity to Meriter Hospital Campus – Located less than one mile from the 448 bed UnityPoint Health Meriter Hospital, supporting the tenant’s broader healthcare network.
• Proximity to University of Wisconsin–Madison – Located approximately 1.5 miles from UW–Madison, one of the nation’s largest public universities with more than 47,000 students.
• Recent Capital Improvements – Ownership has completed multiple recent improvements including roof work, mechanical upgrades, and exterior improvements.
• UnityPoint Health Affiliate Tenant – Leased to Meriter Hospital, Inc., operating within the UnityPoint Health healthcare system.

Location

Points of Interest