825 W Yellowjacket Ln
Rockwall, TX 75087
Baylor Scott & White Surgicare Rockwall · Office Property For Sale

Stan Johnson Company, on behalf of the Ownership, is pleased to exclusively offer to qualified investors the opportunity to acquire the fee simple interest in the single-tenant ambulatory surgery center located at 825 Yellow Jacket Lane in Rockwall, Texas (“the Property”). The Property is subject to a triple net lease, with substantial rental escalations and an attractive renewal option. The Property encompasses approximately 12,284 SF on 1.20 acres. The Property is leased to Rockwall Ambulatory Surgery Center, L.L.P. (“the Tenant” or “Rockwall Surgery Center”), a wholly owned subsidiary of United Surgical Partners International (“USPI”). Rockwall Surgery Center is an accredited facility comprising 4 operating rooms and 1 treatment room. The Property is operated by a joint venture between the Tenant, USPI, and Baylor Scott & White, doing business as Baylor Scott & White Surgicare Rockwall. Baylor Scott & White is a Dallas-based healthcare system comprised of 48 hospitals, 7,800 physicians, and is credit rated A3 by Moody's. The Tenant has exhibited long-term financial stability at the location. The Property is leased on a triple net basis with 6.7 years of term remaining, with an additional 10-year option to renew at expiration. The lease provides annual CPI-based rental escalations capped between 2-4% throughout the initial term, providing a hedge against inflation and substantial upside potential. This offering provides a passive investment with no Landlord maintenance obligations of any kind, with rental escalations providing bolstered returns and a hedge against inflation.