Grand Prairie, TX - Total Point Urgent Care

Description:

• Brand-new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is guaranteed by Rocinante Equity (dba Elysian Capital) and Jeff Love as an individual
• Total Point Emergency Center is subletting the space as the operator
• There are 2% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation
• Financial statements are presented at the end of each quarter

• Less than a mile from State Highway 360 averaging 183,800 vehicles passing by daily
• The hospital has multiple access points, providing ease and convenience for its users
• The asset has excellent visibility via street frontage
• Located in the heart of a strong residential corridor, providing a direct consumer base from which to draw
• The subject property is less than 4 miles from the Dallas Cowboys’ $1.3 billion AT&T Stadium opened in 2009, and less than 3.5 miles from the Texas Rangers’ $1.1 billion Globe Life Field opened in 2020