117 Gaslight Medical Pkwy Lufkin, TX 75904-3150

This exceptional investment opportunity presents a portfolio of four single-tenant medical office buildings totaling 43,555 square feet, located at 117 Gaslight Medical Parkway, Lufkin, TX 75904. The property is 100% occupied by Woodland Heights Medical Center, a subsidiary of Community Health Systems (NYSE: CHS), under a NN+ lease with 5.7 years remaining and 2% annual rent bumps. The lease commenced December 1, 2019, and expires July 31, 2030. The portfolio generates a substantial net operating income (NOI) of $1,083,408, representing an attractive 8.50% capitalization rate. Built in 2006, the one-story buildings sit on a 5.23-acre lot. The portfolio includes a diagnostic imaging center, a former ambulatory surgical center, a medical clinic, and an urgent care and physical therapy center. Its strategic location adjacent to a 149-bed hospital and a high-traffic Walmart (4.1 million annual visits) ensures strong tenant performance and long-term stability. The property benefits from $621,000 in tenant improvements funded in 2019 and limited landlord responsibilities. This is a rare opportunity to acquire a well-performing, net-lease medical office portfolio in a tax-advantaged state, backed by a financially strong national hospital operator. The asking price is $12,746,000.