June 28, 2021
SOLD – HOUSTON ORTHOPEDIC SURGERY CENTER & MEDICAL – WARNER ROBBINS, GEORGIA
JH Winokur, Inc. is pleased to announce the closing of a healthcare real estate sale-leaseback transaction for the Houston Orthopedic Surgery & Sports Medicine, Middle Georgia Orthopedics and Houston Orthopedic Surgery Center building located in Warner Robbins, Georgia. The 34,697 square foot building is home to the county’s dominant orthopaedic practices. The facility is home to an ambulatory surgery center, physical therapy, MRI, imaging, clinic space and pharmacy. The building has 29 exam rooms in 5 clinic PODS, 1 EMG room, 2 X-ray rooms, 1 Fluoroscopy room, 2 cast room, 7 bays and 2 Operating Rooms.
Houston Orthopedic Surgery & Sports Medicine, d/b/a Middle George Orthopaedics, the leading orthopedic specialists in the Mid-Georgia region own and operate a very profitable ambulatory surgery center, ancillary services and orthopedic practice with 2 locations serving the town of Warner Robins, GA (population 70,000) and a region with 200,000 people. The 7 physician-owners (6 orthopedic surgeons, 1 DPM) provide a full range of advanced orthopedic procedures including ankle, back, elbow, foot, hand, hip, knee, shoulder, spine, pain, sports injuries, trauma, wrist and workers’ compensation injuries. The practice has its own imaging center with MRI and provides occupational and physical therapy, all under one roof in their 34,697 square foot facility. There are 63 staff in the practice, 12 staff in physical therapy, 11 staff in ambulatory surgery center side of the facility..
Warner Robbins, located just off I-75, is the biggest city in Houston County, one of the fastest-growing communities in the nation. The city is home to Robbins Air Force Base, the state’s fourth largest employer. There are 108,313 population in 5-mile radius with 2% annual population growth.
The real estate was sold on behalf of the physician owners to a real estate investment fund under a single long-term absolute NNN master lease. The master lease allows the tenant to have future flexibility for its many business entities and separate business lines within the facility. Contact Jason Winokur for additional information.
