HREA | Healthcare Real Estate Advisors
Just Sold: Duke LifePoint Healthcare
SALE ANNOUNCEMENT
HREA | Healthcare Real Estate Advisors is pleased to announce the successful sale of the Duke LifePoint HOPD, a high-quality, on-campus facility located in Bryson City, North Carolina.
The Property is 100% leased to Duke LifePoint Healthcare, a joint venture between Duke Health and LifePoint Health, one of the nation’s leading healthcare networks with more than 375 locations and 55,000+ employees. Serving as a hospital outpatient department (HOPD) for Swain Community Hospital, the facility delivers essential healthcare services to communities across Western North Carolina.
Strategically positioned on the Swain Community Hospital campus, the building benefits from a direct connection to the hospital’s established patient base, reliable outpatient demand, and favorable reimbursement tied to its HOPD designation. The medical office was originally constructed as a build-to-suit for Duke LifePoint and features a long-term NNN lease with 3% annual rent escalations.
Located in Bryson City—a gateway to the Great Smoky Mountains—the facility serves as the primary healthcare resource for the surrounding region, with convenient access via U.S. Route 19 and Western Carolina Regional Airport.
HREA’s proven sale process generated strong interest from a broad range of institutional and private healthcare real estate investors, ultimately selecting a highly qualified buyer at an aggressive cap rate within weeks of listing.
HREA | HEALTHCARE REAL ESTATE ADVISORS is a national leader in advising physicians, health systems, and real estate owners with a variety of real estate monetization strategies, including sale-leasebacks, debt & equity recapitalization, and tax-deferred options, such as the Hybrid Sale-Leaseback®, which allows continued physician-ownership in the real estate, §1031 like-kind exchange, and reinvestment into a REIT, known as an UPREIT, which provides tax-efficient cashflow and a diversified investment in a healthcare REIT.
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CHRISTOPHER L. STAI, CPA
Managing Director
(480) 433-3494
cstai@healthcareREA.com
CA Broker Lic. #: 01836740
NC Broker Lic. #: 337848
Raleigh, NC
MIKE SPISAK
Director
(503) 858-8764
mspisak@HealthcareREA.com
CA Lic. #: 02003307
San Diego, CA
ANTHONY NATICCHIONI
Director
(951) 377-3114
anaticchioni@HealthcareREA.com
CA Broker Lic. #: 01179234 NC Broker Lic. #: 356636
Raleigh, NC
KYLE NEVEAU
Director
(949) 547-6766
kneveau@healthcareREA.com
TN License #: 357407
Nashville, TN
RYAN V. MICHAELS
Associate Director
(760) 815-0421
rmichaels@HealthcareREA.com
CA Lic. #: 02132328
San Diego, CA
JOE KARNES
Senior Associate
(262) 945-6580
jkarnes@HealthcareREA.com
Denver, CO
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