Quality Care ER - Paris TX
2675 41st Street Southeast, Paris, TX, 75462, US
€7,962,000 | 1,330 m²
Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to purchase 100 percent ownership interests in five medical office buildings totaling 226,669 rentable square feet with an institutional tenant roster anchored by Texas' leading health systems.
The Sun City Portfolio (the “Portfolio” or, individually, the “Properties”) offers investors an exceptional opportunity to acquire five premier medical office buildings located 100% on/adjacent to well-performing hospitals and boasting total health system occupancy of 47%. Four of the assets are located in El Paso, Texas with the remaining asset located in Jourdanton, Texas.
The institutionally owned and managed Portfolio offers 77% total occupancy with a weighted average remaining lease term of 3.4 years, which provides durable in-place cash flows with consistent annual growth and the opportunity for upside through additional leasing. The Portfolio is strategically aligned with two of Texas’ leading health systems including Methodist Health System (HCA) and the Hospitals of Providence Health System (Tenet) along with local and regional physician groups providing key outpatient services.