500 S Stemmons Fwy Sanger, TX 76266
$2,845,040
For Sale
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Details
- StatusFor Sale
- Price$2,845,040
- Cap Rate6.25%
- TenantsIntegrity Urgent Care
- Term Remaining15 Years
- Lease TypeABS NNN
- Building Size3,003 SF
- NOI$177,815
Documents
Property Description
Introducing an exceptional investment opportunity from Helios Investment Services—this newly constructed Integrity Urgent Care facility in Sanger, TX. The 3,003 SF urgent care center is leased on a 15-year Absolute NNN lease, ensuring zero landlord responsibilities and stable, passive income.
Sanger, TX, situated along the bustling I-35 corridor, offers strategic positioning just 50 miles north of Dallas. With a booming local economy and several new housing developments underway, the area is set to double its residential capacity, driving demand for essential services like urgent care.
Integrity Urgent Care, under the umbrella of Xpress Wellness Holdings, LLC, operates over 82 locations across Texas, Oklahoma, and Kansas. The lease includes 1.25% annual rent increases starting in Year 3, providing a reliable hedge against inflation.
The urgent care market is expected to grow at a 10.99% CAGR through 2030, driven by consumer demand for convenient, quick healthcare options. The tenant’s financial stability is further bolstered by Goldman Sachs’ acquisition of Xpress Wellness Holdings, offering investors added confidence in the strength of this opportunity.
At a cap rate of 6.25% and priced at $2,845,040 this property not only presents a solid return but also positions investors in the thriving healthcare sector—one of the most resilient real estate markets.
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