Corporate Guaranty from Community Care Partners (100+ Units)
– Under the Community Care Partners umbrella, the brands operate over one hundred clinics across seven states — Oregon, Washington, Montana, Wyoming, Colorado, Louisiana, and Texas.
– The organization is ranked among Inc. 500’s Fastest Growing Private Companies with 387% growth over the last three years and ranks as the 10th largest independent urgent care operator in the U.S.
Brand New 2024 Construction
– The subject property is a brand new build-to-suit for Texas MedClinic Urgent Care in 2024 and a strategic location in the main retail corridor.
– The tenant pays for CAM, taxes, and insurance and the landlord’s responsibilities are limited to outer four walls & foundation only.
– This property is an ideal, low-management investment for a passive investor.
14+ Years Remaining with 2.00% Annual Rental Increases
– The CCP Holdings. LLC corporate guaranteed lease which has over 14 years remaining on initial lease term with two, five-year options to extend.
– The lease features 2% annual rental increases throughout the initial term and continuing into the option periods, growing NOI and hedging against inflation.
Income Tax Free State (San Antonio – 2nd Largest City in Texas)
– San Antonio is the second biggest city in Texas. Its metro area is twice the size of Chicago and is the 7th largest city in the U.S. San Antonio is the most populous city in the metro, housing nearly 1.5 million residents.
– San Antonio is the headquarters of six Fortune 500 companies including Valero Energy, Andeavor (formerly known as Tesoro Corp), USAA, iHeartMedia, NuStar Energy and CST Brands, Inc.
– Home to the Alamo and famous River Walk, the San Antonio metro is located in the southern portion of central Texas and straddles the Interstate 35 corridor, one of the fastest-growing areas in the state.