Pathology Lab Net Lease 1602 Hatcher Ln 16,872 SF 100% Leased Office Building Columbia, TN 38401 $4,333,114 ($256.82/SF) 7% Cap Rate

Absolute NNN Lease pathology lab & office building. Pathology Consultants of America, d/b/a Opus Pathology has been in operation since 1960, when it was initially founded as an independent pathology laboratory in Tennessee. Opus is the dominant independent pathology physicians group in Nashville MSA market. Opus' Top two clients are Vanderbilt University Medical Center and Maury Regional Health Center, two of the oldest and largest independent health systems in the Nashville MSA market. The laboratory is physician owned and operated which means that they understand the needs of our physician clients and the evolving health care world. Their pathologists have over 100 combined years of experience in providing anatomic and clinical pathology services. The pathologists' expertise covers all aspects of anatomic and clinical pathology. The pathologists are partners with our hospitals and are actively involved in the medical staff. Opus Pathology maintains managed care contract coverage with all major payors. Opus currently has 12 providers.
Opus provides medical directorships to the hospitals and independent laboratories throughout the areas that we serve. Opus partners with internationally recognized LabCorp Reference Laboratory to provide cost effective solutions and prompt resulting for gynecologic cytology and molecular testing and clinical laboratory testing.
The laboratory is licensed and accredited by state and federal agencies as well as the College of American Pathologists (CAP) and our pathologists serve as inspectors for CAP. The pathologists are members of the Tennessee Medical Society, CAP and American Society of Clinical Pathologists (ASCP).
The building was built by Opus as their pathology laboratory and office headquarters. The lease includes 2% annual rental increases.