NEUROLOGY CLINIC

INVESTMENT HIGHLIGHTS

• BELOW MARKET RENT / VALUE-ADD OPPORTUNITY WITH A NAKED LEASE – Current rent is $6.21 per square foot, and CoStar data indicates that average market rents exceed $10 per square foot. The lease has no renewal options, allowing the landlord to negotiate a brand-new lease at market rates. This flexibility enhances profitability and long-term value, giving the owner the ability to redevelop or lease to a new tenant as market conditions evolve.
• RECESSION-RESISTANT ASSET CLASS – Healthcare is considered recession-resistant due to the essential nature of its services, which maintain consistent demand even during economic downturns.
• INFLATION-PROTECTED LEASE – The lease features 2% annual rent increases, providing a significant boost to cash flow, an effective equity appreciation tool, and a strong hedge against inflation for investors.
• PASSIVE NNN LEASE STRUCTURE – This is a long-term NNN lease with minimal landlord responsibilities, providing a passive investment vehicle for both local and out-of-state investors. Capital improvement costs are part of the operating expenses, which the tenant pays.
• MULTI-BILLION DOLLAR INDUSTRY – The neurology market was estimated at $3.3B in 2023 and is expected to grow at a compound rate of 6.63%, reaching $6.8B by 2033.
• MAIN HOSPITAL PROXIMITY – Located within walking distance of United Regional Health Care System, a 325- bed Level II trauma facility.
• TAX-FREE STATE – Texas is one of the nine income tax-free states in the U.S.
• ADDITIONAL PARKING – Roughly 2.14 AC will be delivered to a new owner, which includes the property, the two lots north and one lot west of the building. Two of the lots are built out for additional parking.