Longview Regional Emergency Center

JLL is pleased to offer the opportunity to acquire Longview Regional Emergency Center, a single-tenant medical facility located at 120 E Loop 281, Longview, TX (the "Property" or "Asset"). The Asset is leased to Longview Medical Center, L.P., a subsidiary of the lease guarantor, Community Health Systems, Inc. ("CHS"), on an Absolute NNN lease with 11.7 years of remaining lease term, featuring the lesser of 10.00% or 1.25x CPI rent increases every five years and one, 5-year renewal option.

The Property serves as a freestanding emergency center for Community Health Systems, one of the largest healthcare delivery systems in the United States. Established in 1985 and publicly traded (NYSE: CYH), CHS operates 64 affiliated hospitals with over 9,000 licensed beds across 13 states and more than 900 other sites of care. Financial strength is demonstrated by CHS's $12.5 billion in revenue for FY2025, $1.4 billion in EBITDA.

The Asset is strategically positioned less than one mile from two major hospitals totaling over 680 beds—CHRISTUS Good Shepherd Longview (425 beds) and Longview Regional Medical Center (264 beds)—demonstrating the region’s substantial healthcare infrastructure. Longview has emerged as a primary healthcare hub for East Texas and is experiencing significant industrial and commercial growth, including Eastman Chemical's $1.2 billion expansion and a new $456 million high school expansion adjacent to the Property.

Situated on a 1.64-acre parcel within a dense retail corridor along E Loop 281 (41K VPD), directly adjacent to Longview Mall (238,000 SF, 93% occupancy, 3.5 million annual visits) and blue-chip retailers. The Property benefits from robust demographics, including 2.5% annual population growth within a one-mile radius from 2020 to 2025, a population of 83,691, and an average household income of $85,934 within a 5-mile radius.

This investment provides the opportunity to acquire a healthcare asset backed by a major hospital system providing long-term cash flow with no landlord expenses and minimum 10% rent escalations every five years in a rapidly expanding and strong medical market.