21755 N I-45 Fwy - Medical FOR SALE


Spring, TX 77388
$2,832,000 USD
866-889-0550
21755 N I-45 Fwy, Spring, TX for Sale
$2,832,000 USD
Medical - FOR SALE
1/3
null | 6.75% Cap Rate

21755 N I-45 Fwy
Spring, TX 77388


HIGHLIGHTS

  • Multi-Unit Regional Provider – 35± location regional ABA therapy provider in-network with leading insurance companies
  • Passive Absolute NNN Lease Structure – Ten-year absolute NNN lease with no landlord responsibilities at close of escrow
  • Inflation-Protected Cash Flow – 3% annual rent increases providing built-in inflation-protected cash flow
  • Billion Dollar Market - ABA market projected to grow from $4 billion in 2023 to $6 billion by 2032
  • Merged with Private Equity-Backed Operator – Merged with private equity-backed Circle of Care in 2022 to enhance clinical platform
  • Tax-Free/Top Destination State – Texas has no personal income tax; led the nation in net domestic migration in 2024

OVERVIEW

Matthews Real Estate Investment Services’™ Healthcare Division is pleased to present a unique opportunity to acquire an Applied Behavioral Analysis (ABA) clinic leased to the multi-regional operator Empower Behavioral Health (“Empower” or “EBH”). Founded in 2015, Empower provides ABA and autism therapy services across 35± locations throughout Texas and, in 2022, merged with private-equity-backed Circle of Care to further enhance its clinical platform. The offering consists of a 100% fee simple interest in an approximately 8,496-square-foot facility situated on a one-acre parcel in Spring, Texas, just outside of Houston, which has an average household income of approximately $116,000. Upon close of escrow, the tenant will amend their current lease to a 10-year absolute NNN lease featuring 3% annual rent increases. This creates a compelling, inflation-protected investment opportunity for both local and out-of-state investors. ABA therapy is grounded in evidence-based behavioral principles and is widely recognized as one of the most effective methods for improving outcomes for individuals with autism. EBH’s mission is to help its clients become the most independent and successful versions of themselves through a comprehensive suite of services, including early intervention, social skills development, behavior management, communication training, and related therapies. With the global autism therapy market projected to exceed $6 billion by 2030, this offering represents a rare opportunity to secure long-term, stable income while gaining exposure to a rapidly expanding and mission-critical segment of healthcare real estate. Patrick Graham Matthews Real Estate Investment Services, Inc License # 9005919, 528005 (TX) 2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,832,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical | 10 Yr. Absolute NNN Lease | 3% Inc.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Bank, Drug Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

None

APN/PARCEL ID

1219300010006

ASK ABOUT THIS PROPERTY

Marly AroninMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Marly AroninMatthews Real Estate Investment ServicesMore Info
866-889-0550

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