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Central Texas Healthcare Portfolio
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221 S Jack Kultgen Expressway, Waco, TX 76706

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

Property Size40,700 SF
Price / SF$783.96
Days on Market143

Property Features for 221 S Jack Kultgen Expressway

General Information

Standard status Active
Size 40,700 SF
Property subtype Office
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $1,914,419

Building Details

Tenancy Single
Listing Agency: Sands Investment Group
Listed By: Gage Earnhart · License #TX Lic. # 773473
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 11 at 12:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group

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

Property Analytics

Current Use

Premier ER & Urgent ... Medical Clinic Dr. Jason Bryant Physician Dr. Jennifer Pepper Physician Jared Mabery Physician Dr. Timothy Welter Physician

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Auto Parts Store Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,499
Businesses Nearby

Demographics for 76706, TX

39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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
(844) 474-4666 Call to check price and availability
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