Legacy Community Health

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire the fee simple interest in a free-standing, single-tenant Legacy Community Health facility located at 12540 Sugardale Dr, Stafford, Texas, within the dynamic Houston MSA (“Property” or “Asset”). Newly renovated in 2021, the Asset encompasses a 7,000 SF medical facility situated on a 1.6-acre parcel. The Property is 100% occupied by the tenant and corporately guaranteed by Legacy Community Health Endowment, Inc. There are 16.0 years of primary lease term remaining, with fully reimbursed landlord responsibilities, and 2.5% average annual rent escalations for the majority of the term.

Legacy Community Health is the largest Federally Qualified Health Center (FQHC) in Texas, operating 61 care sites and serving over 215,000 community members annually with a comprehensive suite of integrated health services. This Stafford location provides care for pediatrics and OB/GYN, among other services, ensuring access to essential family, child, and maternity care for the surrounding community.

The Property enjoys a prime location along Interstate 69, with exposure to 148,000 vehicles per day, and is adjacent to a top-performing shopping center experiencing 4 million visits annually. Positioned within a highly active commercial and medical corridor, the Asset is three miles from three major inpatient hospitals offering over 700 beds in total and benefits from strong local economic drivers, including the Stafford Business Center, substantial hotel inventory, and leading national retailers including Costco, Walmart, Target, Chick-fil-A, and many others. The Stafford area is a commercial and logistical powerhouse, characterized by its business-friendly financial model and exceptional population growth, with 387,000 residents within a five-mile radius as of 2024. The ongoing $500 million “The Grid” mixed-use development nearby will further enhance the Property’s strategic positioning and drive future growth.

This investment offers the rare opportunity to secure 16 years of stable cash flow, underpinned by a leading healthcare operator, in a rapidly expanding Houston submarket known for its robust demographics, regional medical prominence, and dynamic economic trajectory.