1915 FM 1488 - Health Care FOR SALE


Hempstead, TX 77445
$2,976,200 USD
805-889-7837
1915 FM 1488, Hempstead, TX for Sale
$2,976,200 USD
Health Care - FOR SALE
1/3
null | 6% Cap Rate

1915 FM 1488
Hempstead, TX 77445


HIGHLIGHTS

  • Brand new 2025 construction
  • 15-Year absolute NNN lease with no landlord obligations
  • Corporate guarantee by Xpress Wellness (Goldman Sachs-backed)
  • 1.25% annual rental increases starting Year 3
  • Private Equity Backed by Goldman Sachs (NYSE: GS) Alternatives in 2024

OVERVIEW

AiCRE Partners is proud to present the exclusive offering of a brand-new, single-tenant Integrity Urgent Care facility located in Hemptead, TX, part of the Houston-Pasadena-The Woodlands MSA. This 3,077-square-foot medical office is backed by a 15-year Absolute NNN lease with corporate guarantee from Xpress Wellness Urgent Care—recently acquired by Goldman Sachs (NYSE: GS). Strategic Proximity to Houston: Located about 50 miles northwest of downtown Houston, Hempstead offers easy access to the metro area while preserving smalltown appeal. In May 2024, Goldman Sachs (NYSE: GS) acquired Xpress Wellness Urgent Care to help them continue to drive growth in existing and new geographic markets and bring high-quality urgent care and select specialty services to underserved communities. This turnkey investment offers the rare combination of passive ownership, long-term security, and corporate credit—all in one of the nation’s strongest metro areas.

FOR SALE DETAILS

PRICE

$2,976,200 USD

PRICE/SF

$967 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Integrity Urgent Care - Hempstead, TX

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

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Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.