1214 Dixieland Rd Harlingen, TX 78552

This healthcare portfolio offers investors the advantage of zero landlord responsibilities for operating and capital expenses. This structure ensures a hands-off investment, providing stable, predictable cash flow while eliminating the financial risk associated with property upkeep, making it an ideal choice for those seeking a secure and low maintenance investment. The lease has over 10 years of term with four, five-year renewal options. The properties are predominantly located in markets with 100k+ people, with a few of the sites being located in markets with 300k+ people, providing an ample patient base to support the operator’s business. The lease is joint and severally guaranteed by SPEs for 16 of the operator’s 24 active locations. Texas offers advantages due to its status as a tax-free state, which means investors can maximize their returns without the burden of state income taxes. This favorable tax environment enhances cash flow and increases overall profitability, making Texas an attractive location for real estate investment. Dental operators rarely relocate due to high build-out costs and difficulty in returning the same patients after moving. Healthcare properties are highly coveted investments due to their resilience in economic downturns and their relative immunity to the disruptions that have impacted traditional retail sectors. The portfolio is being offered at $309 per square foot. The property contains 32183 square feet.