NEXTCARE URGENT CARE

INVESTMENT HIGHLIGHTS

• Passive Investment: The lease is a NNN, allowing investors to enjoy a true passive investment.
• Attractive Rental Increases: Attractive 2% rental increase, which hedges against inflation.
• Strategic Site Selection: Strategically located 1.1 miles away from Memorial Medical Hospital. Surrounded by National Tenants: Tractor Supply, McDonalds, Wells Fargo, Sonic, Ace Hardware, Walgreens, and more.
• Younger Demographics: Located within 3 miles from Calhoun High School, Travis Medical School, HJM Elementary School, Sandcrab Football Stadium, which benefits this site as the younger demographic are frequent patients.
• Strong Access & Visibility: Strong accessibility & visibility to I-35 which sees 112,946 VPD.
• Income Tax Free State: Located in an income tax free state, providing greater stability and security.
• Manufacturing Hub: An important economic hub is the Port of Port Lavaca. The city is centrally located between several large manufacturing facilities DuPont, Alcoa, Formosa Plastic Etc.
• Recent Acquisition: Baylor Scott & White Healthcare System (operating 51 Hospitals & 1,500 locations) recently acquired this urgent care in 2023 demonstrating a strong commitment to the site.
• Baylor Scott & White Healthcare System: As a giant not-for-profit with over $10 billion in annual revenue, Baylor Scott & White employs 45,000 employees and is a provider of lifesaving services with nearly 4 million patient encounters a year.
• Qualified Staff: Unlike many corporately guaranteed urgent care providers, Baylor Scott & White prioritizes Registered Nurses as primary caregivers.
• $56.7B Urgent Care Market: The U.S. urgent care centers market size was valued at $56.7B in 2022 and is expected to expand at a compound annual growth rate (CAGR of 10.99% from 2023 to 2030. The growth can be attributed to the delivery of rapid services and short wait times compared to primary care.