221 n Interstate 35 Frontage Rd - Hospitals FOR SALE


Waco, TX 76706- Downtown Waco | 
$6,488,896 USD
737-234-3972
221 n Interstate 35 Frontage Rd, Waco, TX for Sale
$6,488,896 USD
Hospitals - FOR SALE
1/5
null | 6.25% Cap Rate

221 n Interstate 35 Frontage Rd
Waco, TX 76706
Downtown Waco


HIGHLIGHTS

  • January 2026 reported 6,300+ monthly visits, placing this location among the highest-performing emergency facilities in the market.
  • One of the busiest north-south corridors in Texas providing exceptional access and visibility for both patients and ambulatory services.
  • Positioned steps from a major Division I university, providing a consistent and reliable patient base. The student count is 19,858.
  • Located 5 miles from Baylor Scott & White Medical Center, further strengthening long-term healthcare demand and referral dynamics.
  • Servicing a city population of 144,000+ and a metro population exceeding 300,000 residents within the greater Waco area.
  • Strategically positioned between Dallas and Austin in a rapidly expanding corridor with continued population and economic growth.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale Premier ER + Urgent Care, located at 221 S Jack Kultgen Expressway in Waco, TX. The property features ~17 years of remaining term on an Absolute Triple Net (NNN) Master Lease with above-market annual rental increases and multiple extension options. The property is leased to Premier ER + Urgent Care, owned and operated by Intuitive Health, a proven and growing healthcare operator. This offering provides investors with long-term, stable cash flow in a strong Texas market. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$6,488,896 USD

PRICE/SF

$753 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Premier ER + UC - Waco, TX

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

41,153 SF

ZONING

F1

APN/PARCEL ID

48-009310-000400-3

ASK ABOUT THIS PROPERTY

Gage EarnhartSands Investment Group Austin, LLCMore Info
737-234-3972

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Gage EarnhartSands Investment Group Austin, LLCMore Info
737-234-3972

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