Piedmont Healthcare
Medical Office Campus
Statesville, North Carolina (Charlotte MSA)
A 91,844 Square Foot Medical Office Portfolio
Jones Lang LaSalle Americas, Inc. (“JLL)” has been retained as the exclusive sales representative for Piedmont HealthCare Medical Office Campus (the “Properties” or “Portfolio” or “Campus”), a 91,844 square foot, five building medical office portfolio located within the thriving Charlotte MSA in Statesville, NC. The Portfolio is currently 93.6% leased and home to Piedmont HealthCare, one of the largest physician-owned and directed multi-specialty medical groups in North Carolina and the Southeast. The Campus serves as Piedmont HealthCare’s largest, all-in-one location in the region, supporting numerous specialties including pediatrics, dermatology, internal medicine, endocrinology, urology, pulmonology, and more.
The investment provides highly coveted, long-term stability with an impressive weighted average lease term of 7.6 years, consisting of 7- and 10-year leases. The Campus offers attractive upside through the lease up of available space in the brand-new Endocrinology Building, as well as future development potential on the Campus’ remaining land.
| Address | Building Name | Use/Specialty | NRA | Year Built | % Leased | Piedmont Lease* |
| 208 Old Mocksville Road, Statesville, NC 28625 |
“OMR” | Gastrology, Internal Medicine, Family Pharmacy, Endoscopy (CON), Urology, General Surgery, Pulmonology, Podiatry, CPAP, X-Ray Department | 39,550 | 1984 (Renovated 1995, 2019) | 100% | 10 Years |
| 129 Sherlock Drive, Statesville, NC 28625 |
“Pediatrics” | Pediatrics, Central Lab, IT Department, Centralized Medical Records | 23,394 | 2002 | 100% | 7 Years |
| 138 Sherlock Drive, Statesville, NC 28625 |
“Internal Medicine” | Internal Medicine | 10,000 | 2003 | 100% | 7 Years |
| 142 Sherlock Drive, Statesville, NC 28625 |
“Endocrinology” | Endocrinology | 11,700 | 2018 | 50% | 10 Years |
| 152 Sherlock Drive, Statesville, NC 28625 |
“Dermatology” | Dermatology | 7,200 | 2007 | 100% | 7 Years |
*Lease commencement: 6/1/2019 91,844 93.6%
TRANSACTION TEAM
ZACK DROZDA
Director
704.526.2812
zack.drozda@am.jll.com
MINDY BERMAN
Managing Director
617.316.6539
mindy.berman@am.jll.com
LOCAL LEASING CONTACTS
RYAN GIOFFRE
Triad Commercial
336.821.3822
ryan@triadcommercial.com
BOBBY FINCH
Triad Commercial
336.812.3303
bobby@triadcommercial.com
ANALYST
WILLIAM MANN
Analyst
704.526.2843
william.mann@am.jll.com
DEBT + STRUCTURED FINANCE
DANIEL TURLEY
Managing Director
214.438.6374
daniel.turley@am.jll.com
JOHN GAVIGAN
Director
704.526.2809
john.gavigan@am.jll.com
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