Austin: Neighbors ER Center in Austin / TX

The subject property is a single tenant, absolute net lease,investment opportunity leased to Neighbors Health System Inc, dba Neighbors ER. This location is one of 27 emergency rooms operated by Neighbors Health Systems Inc. Accessibility, visibility, and strong market fundamentals make this location ideal for the current use, or any future user.

The site is located along a major North Austin traffic arterial, called Hwy 620, across from Lakeline Mall and at the last exit of the east/west section of Toll Road 45. The site is immediately adjacent the Austin area headquarters of DR Horton Homes (NYSE: DHI) & KB Homes (NYSE: KBH), Hampton Inn & Holiday Inn, as well as a variety of banks, and Simon Property Group' s Lakeline Mall. Current population within 15 minute drive time of this site is estimated to be 433,681.

Price:$5,000,000
No. Beds:10
Price/Bed:$500,000
Property Type:Health CareProperty
Sub-type:Acute Care Hospital
Additional Sub-types:Medical Office
Property Use Type:Net Lease Investment with5 years left on lease

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