Transaction Details
$7,650,000
Baton Rouge, LA
19,035 RSF
Ambulatory Surgery Center
Sale-Leaseback
12 Years
NNN Lease
Key Highlights
Property Overview
CREG Healthcare successfully represented the seller in the $7.65 million sale-leaseback of Williamson Eye Center in Baton Rouge, Louisiana. This 19,035 square-foot ophthalmology clinic and ambulatory surgery center features comprehensive eye care services and advanced surgical capabilities, allowing the physician owners to unlock equity while maintaining operational control through a 12-year NNN lease.
Transaction Highlights
This strategic sale-leaseback transaction enabled the ophthalmology practice to access capital for growth and succession planning while preserving their established location. The combination of a specialty ASC with clinic services, strong physician ownership, and NNN lease structure made this property highly attractive to healthcare-focused institutional investors seeking stable, long-term medical real estate assets.
Property Features
Comprehensive Eye Care Facility
Full-service ophthalmology clinic with exam rooms and diagnostic equipment, state-of-the-art ambulatory surgery center for ophthalmic procedures, and 19,035 RSF purpose-built for eye care delivery.
Sale-Leaseback Structure
Physicians unlocked $7.65M in equity while maintaining practice location, 12-year NNN lease provides operational stability, and minimal landlord responsibilities under triple-net structure.
Established Market Position
Long-standing ophthalmology practice in Baton Rouge market with strong patient referral networks and market reputation at prime location at 550 Connell's Park Lane.
Institutional-Quality Investment
NNN lease structure with predictable income stream, specialty medical asset with physician ownership commitment, and 12-year lease term provides income stability.
Why This Transaction Succeeded
- Sale-Leaseback Expertise: CREG's deep experience with physician sale-leaseback transactions ensured optimal structure.
- Market Positioning: Baton Rouge's healthcare market and established practice attracted strong buyer interest.
- Dual-Use Asset: Combination of clinic and ASC provided operational diversification.
- Lease Quality: 12-year NNN lease with physician-owners reduced investor risk.
- Competitive Process: Strategic marketing generated multiple institutional offers.
Transaction Outcome
The property sold for $7.65 million to a healthcare-focused institutional investor in a sale-leaseback structure, providing the physicians with capital access while preserving practice continuity. The transaction showcased CREG Healthcare's ability to structure complex sale-leaseback arrangements that meet both physician liquidity needs and investor return requirements.
"CREG Healthcare's expertise in sale-leaseback transactions and understanding of our practice needs resulted in a transaction that provided the capital we needed while allowing us to continue serving our patients from our established location."
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