Healthcare

Methodist Transitional Care Center

DeSoto, Texas United States
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2019
Building Area

Property description

JLL is pleased to present investors with the rare opportunity to purchase a state-of-the-art long-term care facility with an absolute net lease backed by the highly credit-worthy Methodist Health Systems. Completed in 2020, the facility is situated in the rapidly growing Dallas suburb of DeSoto and is well located to serve discharges from the four Methodist Health Systems hospitals within 15 miles of the facility.

Investment highlights

  • Methodist Health Systems is a $1.7 billion system. Moody’s Investors Services affirmed an Aa3 rating for the system on February 27, 2020.
  • The 15-year lease is absolute net to the lessor and includes annual rent increases of 2%. The lease includes two five-year extensions.
  • The 100-bed facility is equipped with the advanced technologies and specialized resources to care for high-acuity patients, as well as those with multiple illnesses, injuries, pulmonary conditions, or rehabilitative issues.
Last Updated Date: 06 Oct 2021
Charles Bissell
Charles Bissell
Managing Director, Capital Markets
Broker Licenses
TX - 334485 CA - 02135208
Cody Tremper
Cody Tremper
Managing Director, Capital Markets
Broker Licenses
TX-622302

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Last Updated Date: 06 Oct 2021

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