5950 Summerhill Rd - Medical FOR SALE


Texarkana, TX 75503
$5,737,455 USD
818-484-1658
5950 Summerhill Rd, Texarkana, TX for Sale
$5,737,455 USD
Medical - FOR SALE
1/3
null | 6.5% Cap Rate

5950 Summerhill Rd
Texarkana, TX 75503


HIGHLIGHTS

  • NEW CONSTRUCTION BUILD-TO-SUIT: Delivered in 2022, the property was specifically designed for PTCOA’s operations.
  • LICENSED AMBULATORY SURGERY CENTER (ASC) WITH HIGH TENANT RETENTION: ASCs are highly desired due to limited supply and costly buildouts.
  • CLOSE PROXIMITY TO MAJOR HOSPITAL: The facility is 1.6 miles from Christus St. Michael Hospital, a 311-bed facility.
  • TAX-FREE/TOP DESTINATION STATE: Texas is one of nine states with no personal income tax, offering potential tax advantages for investors.
  • PERSONAL GUARANTY FROM CO-FOUNDER: The lease is backed by a personal guaranty from PTCOA co-founder Meraj Siddiqui, M.D.
  • EXPANDING PAIN MANAGEMENT MARKET: The U.S. pain management market is projected to grow from $27.9B in 2024 to $38.5B by 2033 (CAGR 3.7%).

OVERVIEW

Matthews Real Estate Investment Services™ Healthcare Division is pleased to offer the opportunity to acquire a recently constructed, build-to-suit clinic and ambulatory surgery center, fully leased to Pain Treatment Centers of America (“PTCOA”). By housing both a clinic and ASC, this property enables PTCOA to deliver the full continuum of outpatient care, from initial consultation to procedure, in a single, integrated location. PTCOA currently operates 16 locations across Texas, Arkansas and Mississippi, making it the region’s largest fully comprehensive pain management practice. The overall U.S. pain management market was approximately $27.9 Billion in 2024 and is expected to grow to $38.5 Billion by 2033. There are over ten years remaining on a 13-year lease, which began in 2022. The lease is a very rare absolute NNN lease, with zero landlord responsibilities, and 2.5% annual rental increases. The lease also includes a personal guaranty from Meraj Siddiqui, M.D., the co-founder of PTCOA, adding another level of security for an investor. This is a high-quality investment opportunity for an investor looking for passive long-term cashflow, leased to a large provider in a rapidly growing healthcare segment. Patrick Graham License No. 9005919 (TX) (866) 889-0550 Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

FOR SALE DETAILS

PRICE

$5,737,455 USD

PRICE/SF

$536 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PAIN TREATMENT CENTERS OF AMERICA

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store, Freestanding, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

-

APN/PARCEL ID

23699001003

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.