News Release: MedSouth Healthcare Properties acquires 180 Foy Drive, Rocky Mount, N.C.

For Immediate Release – March 2021

Rocky Mount, NC – MedSouth Healthcare Properties is pleased to announce the recent acquisition of 180 Foy Drive which is occupied by Rocky Mount Urology Associates practice. The property is a single tenant, net leased property which features a long term lease directly with UNC Physicians Network, LLC (UNCPN) which is the physician group entity for UNC Health.

The property is strategically located in the medical district of Rocky Mount, NC and is 1.7 miles to the south of Nash UNC Health Care Emergency Care Center, the main acute care center for Rocky Mount. The property consists of a Fee Simple, single tenant building comprising of an approximately 9,693 square foot building and situated on approximately 0.98 acres.

“This acquisition has all of the elements that we’re looking for in regards to solid healthcare real estate fundamentals. This property is located in the shadow of the main acute care hospital, the tenant is a hospital owned physician group and the practice is well renowned in the market”.

MedSouth Co- Founder Benjamin E. Bivens, CCIM said. MedSouth Co-Founder William S. Transou said “We are pleased with the opportunity to acquire this asset and add this to our growing portfolio of healthcare investment properties. We continue to seek out opportunities like this throughout the southeastern U.S. and are actively seeking to add to our portfolio this year”.

MedSouth Healthcare Properties, LLC is a private real estate investment firm based out of Charlotte, NC focused on acquiring and managing income producing healthcare properties located in the Southeastern United States. The firm provides sale leaseback solutions for physician groups and hospital organizations looking to grow their organization by unlocking the capital in their real estate. MedSouth Healthcare Properties, LLC also works with private investors, developers and real estate firms that are interested in selling their income producing healthcare real estate.

For additional Press related comments and information feel free to contact: Benjamin E. Bivens Benjamin@MedSouthHCP.com Bill Transou Bill@MedSouthHCP.com

6827 Fairview Rd, Suite B
Charlotte, NC 28210
(704) 910-1777
www.MedSouthHCP.com

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