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Get In TouchSt. David’s HealthCare | Manor (Austin MSA), TX
St. David's HealthCare
12315 Threshold Lane, Manor, TX, 78653, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,445 SF St. David’s HealthCare Ground Lease Asset Located at 12315 Threshold Lane in Manor (Austin MSA), TX. This Opportunity Features a New Construction 10-Year Ground Lease With 10% Rental Increases Every 5 Years and is Located Just 12-Miles From Downtown Austin. Manor, TX Has Seen an Astounding 242% Population Growth Since 2010, Providing For a Secured Investment.
- Newly Signed 10-Year Ground Lease With 10% Rental Increases Every 5 Years and Multiple Options to Extend
- Ground Lease Assets Provide a True Hands-Off Investment With Zero Landlord Responsibilities
- Strong Real Estate Fundamentals: Located on a Highly Visible Hard Corner of a Lighted Intersection Seeing Nearly 50k VPD
- Tenant Investment: St. David’s HealthCare is Putting Over $5M Into the Construction of This Site Showing Extreme Commitment to the Facility
- St. David’s HealthCare is One of the Largest Heathcare Systems in Central Texas With Over 10,000 Employees, 2,000+ Physicians, and More Than 160 Locations; These Locations Include 8 of the Region’s Leading Hospitals and a Range of Outpatient and Specialty Centers
- St. David’s HealthCare’s Operational Partner, HCA Healthcare, is One of the Nation’s Leading Providers of Healthcare Services, With 182 Hospitals and Approximately 2,300 Sites of Care, Including Surgery Centers, Freestanding Emergency Rooms, Urgent Care Centers, Home Health and Hospice Agencies, and Physician Clinics, Located in 20 States and The United Kingdom
- Rapidly Growing Market: Located Just 12-Miles From Downtown Austin, the Community Has Experienced an Impressive 242% Population Growth Since 2010
- Area Drivers: A Brand New 63 Acre Mixed-Use Development, Manor Crossing is Approved With Tenants Including Home Depot, T.J. Maxx, and a 110,000 Square Foot H-E-B
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
St. David's HealthCare
12315 Threshold Lane, Manor, TX, 78653, USA
ST. DAVID’S HEALTHCARE
St. David’s HealthCare is a prominent healthcare system based in Central Texas, encompassing over 180 sites, including seven leading hospitals with more than 1,500 beds. Established in 1996, it operates as a unique partnership between HCA Healthcare and two local nonprofits —St. David’s Foundation and Georgetown Health Foundation. This collaboration ensures that proceeds from hospital operations are reinvested into the community to enhance health and healthcare services.
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Cap Rate: 8.25%
$12,023,030
Available
Price
$5,979,381
Cap Rate
4.85%
PREMISES
11,445 SF
RENEWAL OPTIONS
2 x 5 Year Options
Lease Expiration
Est. October 2035
Lease Type
Absolute NNN Ground Lease
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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