Tower Health & Wellness Center

TURLOCK, CA

VIEW OFFERING MEMORANDUM
 
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Tower Health & Wellness Center is a premier multi-tenant medical outpatient building and ambulatory surgery center (ASC) located in Turlock, California, within the rapidly growing Central Valley region. The Property totals approximately 79,671 square feet and is strategically positioned adjacent to Central Valley Doctors Health System (Emanuel Medical Center), which operated in partnership with Tenet Healthcare and USPI.

The building is leased to a diverse mix of established medical groups across multiple specialties. The anchor tenant, Sutter Health (Fitch: AA-), is a leading integrated healthcare system serving more than 3.5 million patients across Northern California and the Central Coast through a network of 24 hospitals and 200 clinics. At this property, Sutter Health occupies three (3) clinical outpatient suites and the on-site ambulatory surgery center, totaling approximately 27% of the building tenancy. The ASC includes three (3) operating rooms.

The tenancy also includes Central Valley Doctors Health System Physician Group, which is affiliated with the adjacent 209-bed Emanuel Medical Center . CVDHS occupies three (3) clinical outpatient suites, representing approximately 20% of the building’s total tenancy, and has established a strong patient referral network with the adjacent hospital, enhancing clinical integration and continuity of care. Other tenants include NorCal Pain Management, Romeo Medical Clinic, Valley MRI & Radiology, and Tower Physical Therapy, contributing to the property’s comprehensive, multi-specialty tenant mix.

Developed in four (4) distinct phases with a focus on patient convenience and accessibility, Tower Health & Wellness Center has served as a one-stop destination for advanced medical services since its initial opening in 2003. The most recent expansion, completed in 2020, added a 12,837-square-foot medical office building to the campus, further enhancing the site’s offerings with expanded imaging, physical therapy, and laboratory services. Distinguished by its Tuscan-style architecture and expansive central atrium, the campus includes an ambulatory surgery center, imaging center, multiple clinical suites, and a restaurant. The building also serves as a community venue for weddings, professional meetings, and special events.

Ideally situated near the intersection of Interstate 5 and Highway 99, the Property benefits from strong regional connectivity and access to a growing population base. Stanislaus County now totals approximately 558,000 residents, reflecting an 8.4% increase since 2010. The surrounding area continues to experience robust development, including an Amazon fulfillment center and more than 20 new residential communities, reinforcing the long-term demand drivers for this premier medical campus.

 
 
 

Property Highlights

 
 

 

Confidential Offering Memorandum

CLICK HERE TO SIGN THE NON-DISCLOSURE AGREEMEMT
 
 
 
 
 
 
 

Investment Highlights

STATE-OF-THE-ART MEDICAL CAMPUS
Premier 79,671 SF multi-tenant medical outpatient building, and ASC developed across four (4) phases (2005 – 2020) with modern design and functionality.


ANCHOR TENANCY BY SUTTER HEALTH (FITCH “AA-”)

Anchored by Sutter Health, a leading Northern California system, operating the onsite ASC and three (3) outpatient suites totaling 27% of tenancy.

HOSPITAL CREDIT
The adjacent hospital, which is operated by Tenet Healthcare & USPI occupies three (3) outpatient suites (20% of tenancy), reinforcing institutional stability and an adjacent hospital affiliation.


MULTI-SPECIALTY TENANCY
Leased to a diverse mix of healthcare providers across Family Medicine, ENT, Orthopedics, Imaging, Physical Therapy, Dentistry, Pulmonary, Sports Medicine, Lab — creating a fully integrated outpatient ecosystem.


HOSPITAL ADJACENT
Located adjacent to Central Valley Doctors Health System (Emanuel Medical Center), a 209-bed acute care hospital operated by Tenet Healthcare and USPI.


CONTINUED INVESTMENT AND EXPANSION

Originally built in 2005 and expanded in 2020 with a 12,837 SF addition for imaging, physical therapy, and lab services.


ON-SITE SURGICAL CAPABILITIES
|Dedicated multi-specialty accredited ASC with three (3) operating rooms, clean room, and recovery areas.

 
 

 

Inquiries

 

Christopher L. Stai, CPA
Managing Director

(480) 433-3494
cstai@HealthcareREA.com
CA Broker Lic. #: 01836740
NC Broker Lic. #: 337848

Mike Spisak
Director

(503) 858-8764 
mspisak@healthcareREA.com
CA Lic. #: 02003307

Ryan V. Michaels
Associate Director

(760) 815-0421
rmichaels@HealthcareREA.com
CA Lic. #: 02132328