CHRISTUS Health System
2010 Bill Owens Pkwy
Longview, TX 75604
Highlights
- Christus Health System in Longview, TX With 4+ Years Remaining on Current Term
- Attractive 2% Annual Rental Increases
- Interior Fully Remodeled for Modern Eye Care Use With Updated Exterior Signage That Enhances Visibility
- Recent Capital Improvements Including December Roof Repair and 2024 HVAC Unit Replacement
- Near a Signalized Intersection With Combined Traffic Counts of 19,000+ Vehicles Passing Daily
- Strong Demographics of 85,000+ Residents Within 5 Miles of Property
- Strategically Located Near Large Residential Neighborhoods With $118K+ Avg. Household Income Within 1 Mile
- After Acquiring Good Shepherd Hospital in 2017 Christus Became a Dominant Health Care Provider for Longview and East Texas Operating 8 Hospitals and Over 80 Clinics
Description
Trinity Real Estate Investment Services is pleased to present the rare opportunity to acquire an Medical Office Building with Investment Grade Credit that features 2% annual rental increases. Mother Frances Regional Health Care Center is a subsidiary of Christus Health, which features a Moody's A-1 Rating. The signed an absolute NNN lease that has over 4 years remaining on the current term.
The Subject Property is located adjacent to the intersection of Bill Owens Parkway and H G Mosley Parkway (17K+ VPD) in Longview, Texas. The property benefits from the 7,500 residents living within 1 mile of the property and being strategically located near several large residential neighborhoods. The property was a strategic acquisition of Christus Health as it continues it's expansion of East Texas.
Longview is a city in East Texas and has a population over 82,000 and is one of the largest cities east of Dallas in the state of Texas.
