4901 S 31st St - Office FOR SALE


Temple, TX 76502
$5,201,154 USD
818-484-1658
4901 S 31st St, Temple, TX for Sale
$5,201,154 USD
Office - FOR SALE
1/4
null | 6.5% Cap Rate

4901 S 31st St
Temple, TX 76502


HIGHLIGHTS

  • Regional Hospital Affiliation – The tenant is affiliated with Seton Medical Center Harker Heights, an 83-bed acute care hospital
  • Joint Venture Partnership with Leading Health Systems – Partnership between Austin-based Ascension and Nashville-based Ardent Health Systems
  • Ascension Affiliation – Ascension is one of the largest nonprofit and Catholic health systems in the United States
  • New Construction Build-To-Suit – Delivered in 2025, the facility was purpose-built to the tenant’s exact operational specifications
  • Integrated Patient Care Model – Urgent care centers frequently serve as the first point of contact for patients with acute, non-emergency needs
  • Long-Term NNN Lease – The tenants signed original 10-year leases in 2025, demonstrating their long-term commitment to the location

OVERVIEW

Matthews™ Healthcare Division is pleased to present the opportunity to acquire a specialized multi-tenant medical building leased to Freedom Urgent Care and Wellstone Health Partners. Both tenants are affiliated with Seton Medical Center Harker Heights (SMCHH) which operates under a joint venture between Ascension Health (Austin-based) and Ardent Health Services (Nashville-based). This institutional partnership provides investors with enhanced security and confidence, supported by the JV’s strong credit profile and operational expertise. The offering includes a 100% fee simple interest in a ±1.60-acre parcel strategically positioned between Austin and Waco. Located less than two miles from Temple College and within a dense residential community, the property is strategically positioned to serve its surrounding population base and capture consistent local demand. The ±7,136-square-foot facility was purpose-built to meet the tenants’ precise operational requirements, featuring a modern, efficient layout designed to optimize urgent care and family medicine/primary care delivery. This build-to-suit construction underscores the tenants’ long-term commitment to the location, aligning the facility’s functionality with their clinical workflows and patient volume needs. Having urgent care and family medicine/primary care under one roof creates a natural referral pipeline and stronger, more sustainable patient traffic. Seton Medical Center Harker Heights is an 83-bed acute care hospital offering a comprehensive range of services, including cardiology, general surgery, orthopedic surgery, and emergency care. The hospital and its affiliates maintain a robust regional presence with several medical facilities across the market, reinforcing brand recognition, patient retention, and long-term stability. The Ascension-Ardent joint-venture structure fosters a consistent referral network, further enhancing the tenant’s operational resilience and occupancy security. The tenants operate under NNN leases extending through 2035, reflecting a long-term commitment to the site. The passive net lease structure minimizes landlord responsibilities, creating an attractive, stable, and low-maintenance investment profile. Broker of Record Patrick Graham License # 9005919 (TX) Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225 (866) 889-0550

FOR SALE DETAILS

PRICE

$5,201,154 USD

PRICE/SF

$729 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freedom Urgent Care | +9 Yr NNN | 2025 Build

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew FagundoMatthews Real Estate Investment ServicesMore Info
818-484-1658

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Andrew FagundoMatthews Real Estate Investment ServicesMore Info
818-484-1658

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