5950 Summerhill Rd - Health Care FOR SALE
Texarkana, TX 75503 |
$5,737,455 USD
818-484-1658
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%).
FOR SALE DETAILS
PRICE
$5,737,455 USD
PRICE/SF
$472 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PAIN TREATMENT CENTERS OF AMERICA
PROPERTY TYPE
Health Care
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
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818-484-1658
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818-484-1658
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