Property Description

160 Fountains Boulevard is a 15,967-square-foot Class A ambulatory surgical center built in 2017 within The Fountains of Madison, the premier mixed-use development in Madison, Mississippi. It is the only established multi-specialty ASC in Madison County and one of the most thoroughly equipped outpatient surgical facilities in central Mississippi. The building is organized into three independently operable zones connected by a central glass conservatory: a licensed ambulatory surgical center, a fully built-out medical office, and a turnkey MediSpa. Each zone has its own entry and can operate under separate occupancy, so a buyer can run the building as a single-operator facility, divide it among three uses, or any blend in between. The ASC contains two operating rooms, three PACU recovery bays, two pre-operative bays, one procedure room, full medical gas infrastructure, a covered patient porte-coch?re, and an on-site emergency generator. The medical office is built out with six exam rooms, a central physician and nurse workstation, seven private offices, and a full administrative wing. The MediSpa is a self-contained suite with a dedicated entry and four treatment rooms. The property holds an active Certificate of Need, a Mississippi Ambulatory Surgical Facility license, CMS Medicare ASC certification, and QUAD A accreditation, all transferable to a qualified acquirer through the standard Change of Ownership process. The asset sits within Ambulatory Service Planning Area 5, where existing facilities operate well above the state's per-OR threshold, so the Certificate of Need functions as a regulatory moat against new competition. 160 Fountains is offered subject to existing leases with established medical users, providing income in place at closing. Lease terms and tenancy detail are available in the data room upon execution of the Confidentiality Agreement. The property is offered at $9,750,000, approximately $611 per square foot, below the estimated $800-plus per square foot replacement cost of purpose-built ASC construction.

Property Features