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1915 FM 1488 - Integrity Urgent Care - Hempstead, TX 3,077 SF Health Care Building Offered at $2,976,200 at a 6% Cap Rate in Hempstead, TX 77445
Investment Highlights
- Brand new 2025 construction
- Corporate guarantee by Xpress Wellness (Goldman Sachs-backed)
- Private Equity Backed by Goldman Sachs (NYSE: GS) Alternatives in 2024
- 15-Year absolute NNN lease with no landlord obligations
- 1.25% annual rental increases starting Year 3
Executive Summary
AiCRE Partners is proud to present the exclusive offering of a brand-new, single-tenant Integrity Urgent Care facility located in Hemptead, TX, part of the Houston-Pasadena-The Woodlands MSA. This 3,077-square-foot medical office is backed by a 15-year Absolute NNN lease with corporate guarantee from Xpress Wellness Urgent Care—recently acquired by Goldman Sachs (NYSE: GS).
Strategic Proximity to Houston: Located about 50 miles northwest of downtown Houston, Hempstead offers easy access to the metro area while preserving smalltown
appeal.
In May 2024, Goldman Sachs (NYSE: GS) acquired Xpress Wellness Urgent Care to help them continue to drive growth in existing and new geographic markets and bring high-quality urgent care and select specialty services to underserved communities.
This turnkey investment offers the rare combination of passive ownership, long-term security, and corporate credit—all in one of the nation’s strongest metro areas.
Strategic Proximity to Houston: Located about 50 miles northwest of downtown Houston, Hempstead offers easy access to the metro area while preserving smalltown
appeal.
In May 2024, Goldman Sachs (NYSE: GS) acquired Xpress Wellness Urgent Care to help them continue to drive growth in existing and new geographic markets and bring high-quality urgent care and select specialty services to underserved communities.
This turnkey investment offers the rare combination of passive ownership, long-term security, and corporate credit—all in one of the nation’s strongest metro areas.
Property Facts
| Price | $2,976,200 | Property Type | Health Care |
| Price Per Bed | $2,976,200 | Building Size | 3,077 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 6% | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2025 |
| Price | $2,976,200 |
| Price Per Bed | $2,976,200 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | Build to Suit |
| Property Type | Health Care |
| Building Size | 3,077 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2025 |
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1915 FM 1488 - Integrity Urgent Care - Hempstead, TX
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