Medical City ER 13172 Highway 287 6,101 SF Retail Building Haslet, TX 76052 $3,530,000 ($578.59/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Ground Lease Asset - Zero Landlord Responsibility
Great Hard Corner Location on Hwy 287
Pad Site to Walmart SuperCenter
HCA Healthcare (NYSE: HCA) is one of the nation’s leading providers of healthcare services with 185+ hospitals and 2,400+ sites of care
10% Increases Every 5 Yrs
Only Emergency Room in 5-Mile Radius
10 Minutes from Medical City Alliance Hospital (8.7 Miles)
Highly Desirable Submarket | Household Income is $152,559 in 3-Mile Radius which is Nearly 2X the National Average
3.5% Annual Growth within 5 Mile Radius of the Property
New Mixed -Use Development Directly Across the Street Which includes Single Family Homes, 7-Eleven, Chipotle, Starbucks, Brakes Plus, & Panda Express
Other Surrounding Retailers include Walmart SuperCenter, McDonald’s, Whataburger, Pizza Hut, Discount Tire, Taco Bell, Sonic, Murphy Oil, Dominos, & Many More
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- Mar 2030
Adeptus Health Inc. is a patient-centered healthcare organization providing emergency medical care through the largest network of independent freestanding emergency rooms in the United States and partnerships with leading healthcare systems. Since their founding in 2002, their mission has been to address the need within their local communities for immediate and convenient access to quality emergency care in a patient-friendly, cost-effective setting. They believe they are transforming the emergency care experience with a differentiated and convenient care delivery model which improves access, reduces wait times and provides high-quality clinical and diagnostic services on-site. Their facilities are fully licensed and provide comprehensive, emergency care with an acuity mix that we believe is comparable to hospital-based emergency rooms.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | Mar 2030 |
PROPERTY TAXES
| Parcel Number | 42012048 | Improvements Assessment | $174,745 |
| Land Assessment | $2,105,255 | Total Assessment | $2,280,000 |
