Premier ER + UC – Woodway, TX

Premier ER & Urgent Care
9110 Jordan Ln, Woodway, TX, USA

Sands Investment Group is pleased to exclusively offer for sale Premier ER + UC Absolute NNN at 9110 Jordan Lane in Woodway, TX. The property features ~17 years of remaining term on an Absolute Triple Net (NNN) Master Lease with above-market annual rental increases and multiple extension options. The property is leased to Premier ER + Urgent Care, owned and operated by Intuitive Health, a proven and growing healthcare operator. This offering provides investors with long term, stable cash flow in a strong Texas market.

  • Directly Across From H-E-B Anchored Retail Center: Located directly across from a dominant grocery anchor in the trade area, generating consistent daily traffic and enhancing retail synergy.
  • Established Medical and Professional Corridor: Surrounded by dental, financial, and professional service users, reinforcing the area as a neighborhood service hub.
  • Proximity to Ascension Providence Hospital: Located ~2 miles northeast, reinforcing the area’s healthcare infrastructure and long-term demand stability. There are 237 beds in the facility.
  • High Visibility Along George W. Bush Parkway: Prominent positioning along George W. Bush Parkway, with property access from Jordan Lane, providing strong visibility and convenient patient ingress/egress.
  • Dense Residential Trade Area: Embedded within mature neighborhoods immediately north and south of the site, providing consistent local patient demand.
  • Affluent Central Texas Submarket: Located in the highly desirable Woodway submarket of Waco, the property benefits from $130,662 average household income within a 1-mile radius and over 92,000 residents within a 5-mile radius, supporting long-term patient demand and healthcare utilization.
  • Strong Unit-Level Performance: Each Premier ER + Urgent Care location benefits from exceptionally strong underlying operating performance, providing investors with additional confidence in the real estate and long-term tenancy. Detailed unit-level financials and performance metrics are available to qualified investors upon execution of an NDA.

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Premier ER & Urgent Care
9110 Jordan Ln, Woodway, TX, USA

PREMIER ER + URGENT CARE

Premier ER + Urgent Care delivers high-quality medical services supported by rigorous care standards and a strong commitment to patient experience. Each clinic operates with strict quality control protocols and continuously seeks patient feedback to enhance service delivery. The organization emphasizes compassionate, patient-centered care, ensuring individuals receive both expert medical treatment and attentive support during times of illness or injury. Premier ER + Urgent Care offers a distinctive healthcare model that combines the clinical capabilities of a traditional emergency room with the accessibility and convenience of an urgent care clinic. This integrated approach helps ensure patients receive the most appropriate level of care for their medical needs.

Premier ER + Urgent Care was founded in 2015 and has four convenient locations in Central Texas, from Waco to Woodway, Temple and San Marcos. In 2023, Intuitive Health acquired Premier ER + Urgent Care to spread its growing network of hybrid care facilities from the Dallas area down through Central Texas. Premier bills patients based on the level of services actually provided. Urgent care visits are not billed as emergency services, helping patients avoid unnecessary medical costs while still receiving timely treatment. The organization’s patient first philosophy empowers medical teams to prioritize care quality, efficiency and overall patient satisfaction. This commitment to service has contributed to strong patient loyalty, with 94% of patients reporting they would recommend Premier ER + Urgent Care to friends or family.

Price

$10,691,392

Cap Rate

6.25%

PREMISES

14,206 SF

YEAR BUILT

2014

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

03/31/2043

Lease Type

Absolute NNN

RENTAL INCREASES

2.25% Annually in Years 1–10; 2.5% Annually in Years 11–20; Renewal Options at Lesser of 2% or FMR

BROKERS

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