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803 Meyers Baker Rd - London Women's Care Medical Campus 47,446 SF Health Care Building Offered at $10,000,000 at a 8.23% Cap Rate in London, KY 40741

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INVESTMENT HIGHLIGHTS

  • London Women's Care is designated as a Rural Health Clinic and is part of Women's Care Enterprises (nearly 1M annual patients), backed by BC Partners
  • +5.5 Year term remaining - 3% annual rent escalations - 1 Mile from CHI Saint Joseph Hospital
  • Healthcare Campus - 2 contiguous medical offices - originally built to suite for London Women's Care +20 year occupancy

EXECUTIVE SUMMARY

JDS Real Estate Services, Inc., in conjunction with Zeustra Healthcare Real Estate Advisors – Out-of-State Cooperating Broker, is pleased to present the exclusive opportunity to
acquire 803 Meyers Baker Road in London, Kentucky—a premier healthcare campus consisting of two contiguous medical office buildings, together totaling 47,446 rentable square feet. Originally constructed for London Women’s Care (“LWC”) in 2002 and 2004, the campus is anchored by LWC, which occupies approximately 97% of the property under a modified gross lease structure with ±5.5 years of remaining term and 3% annual rent escalations. The balance of the property is leased to Thompson Drug, a well-established local pharmacy that complements the medical ecosystem.
The property has benefited from significant capital improvements, including a brand-new roof and recently resealed parking lot, reducing near-term capital expenditure requirements and enhancing long-term operational stability. With its strong occupancy profile and essential healthcare tenancy, the campus delivers durable, inflation-hedged cash flow with minimal landlord responsibilities.
London Women’s Care is a leading multi-specialty provider offering obstetrics, gynecology, pediatrics, dentistry, primary care, and behavioral health services to families across
Southeastern Kentucky. The practice is certified as a Rural Health Clinic (RHC), ensuring enhanced Medicare and Medicaid reimbursement, and was acquired in 2018 by Women’s Care Enterprises, one of the largest women’s health platforms in the nation. In 2020, Women’s Care Enterprises, was acquired by global private equity firm BC Partners in a transaction valued near $900 million, underscoring the platform’s scale and financial strength. This deep institutional sponsorship provides investors with significant credit quality and long-term security.
Strategically positioned along the West 5 Street retail corridor, with immediate access to Interstate 75, the campus benefits from excellent patient accessibility and proximity to CHI Saint Joseph Health – London, a 150+ bed regional hospital and major employer. The combination of mission-critical healthcare tenancy, institutional private equity ownership, long term lease stability, and recent capital investments makes 803 Meyers Baker Road a rare opportunity to acquire a stabilized, income-producing healthcare asset in one of Kentucky’s most resilient medical markets.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Price $10,000,000
Price Per Bed $10,000,000
Sale Type Investment
Cap Rate 8.23%
Property Type Health Care
Building Class B
Lot Size 7.22 AC
Building Size 47,446 SF
No. Beds 1
No. Stories 2
Year Built 2004
Parking Ratio 0.93/1,000 SF
Zoning Commercial - commercial zoning many approved uses

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
062-40-00-102.01
Land Assessment
$250,000
Improvements Assessment
$3,250,000
Total Assessment
$3,500,000
  • Listing ID: 37628297

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 803 Meyers Baker Rd, London, KY 40741

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