221 S Jack Kultgen Expressway Waco, TX 76706

Listing Agency Sands Investment Group

Listed by Gage Earnhart · License #TX Lic. # 773473

Source Crexi

Added: Mar 23 Checked: Jul 19 at 5:00 am

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Investment Insights

Based on property information with market context.

This portfolio features four properties located throughout Central Texas, owned and operated by Intuitive Health. The properties are secured by a single master lease, providing cross-collateralized income. Each facility is a purpose-built, Class A hybrid emergency and urgent care center, delivering full-service emergency room care 24/7 alongside urgent care services daily. These medical assets are equipped with on-site CT, X-ray, ultrasound, EKG, and full laboratory services. They are staffed by emergency room physicians and clinical teams capable of treating both high-acuity and non-emergent cases. The lease structure features annual rental increases and zero landlord responsibilities, offering passive and predictable cash flow. The properties are strategically positioned in strong Central Texas trade areas supported by population growth and favorable household incomes. The total property size is 40700 square feet.

Key Highlights

• Four‑property portfolio of Class A emergency and urgent care centers in Central Texas
• Secured by a single master lease across all four properties, providing cross‑collateralized income
• Absolute Triple Net (NNN) lease with zero landlord responsibilities

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FAQs

What type of property is this?

Medical center - Four Class A emergency and urgent care centers in Central Texas.

Where is this medical center located?

The property is located at 221 S Jack Kultgen Expressway Waco, TX.

What is the asking price?

The asking price for this property is $31,906,983.

What are key features of this property?

This property features: Four‑property portfolio of Class A emergency and urgent care centers in Central Texas; Secured by a single master lease across all four properties, providing cross‑collateralized income; Absolute Triple Net (NNN) lease with zero landlord responsibilities