Genesis Healthcare Center For Digestive Health
The Center for Digestive Health is a 14,000 square foot gastroenterology-focused surgery center and clinic constructed in 2004. The property is strategically located within the Genesis healthcare campus which serves a growing number of patients in the immediate area by providing safe and efficient surgeries in an outpatient setting. The highly specialized endoscopy center features 3 operating rooms as well as supporting examination and procedure rooms. Gastroenterology is among the highest margin specialties in healthcare delivery.
The Property is 100% leased to Genesis Health Systems (Moody’s: A1), which operates a total of six hospitals, employing over 5,500 employees (the largest employer in the Scott County) and generated over $650M in net revenue last year. The health system has been recognized three times as the top ranked community hospital in Iowa and a national top 15 health system in 2020.
The Property is strategically located in a 3-property healthcare campus anchored by Genesis Health System. One of the buildings is a 43,000-SF Healthplex that was built in 2018 as part of Genesis’ expansion in the Bettendorf area, which cost over $13 million to build and provides multispecialty services including Primary Care, Lab, and Imaging. The other facility is a 77,000-SF Orthopedic Surgery Center specializing in orthopedic/pain management cases. Genesis’ commitment to the campus acts as a strong referral source for the Property. Furthermore, Genesis’ significant capital contribution solidifies its long-term commitment at the Property.
Bettendorf is a world-class community. With more than 32,000 residents, the city has evolved through a series of strategic initiatives that maximize its advantages of location. This premier city is one of the fastest growing in Iowa. Nearly every amenity is available for families, businesses and individuals, making the City Bettendorf an ideal community to experience.