Miscellaneous
WellMed 2-Property Portfolio (Dallas MSA)
620 N O'Connor Rd, Irving, TX 75061
Listing Price: $1,993,512
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a two-property WellMed Medical Portfolio located in Texas, available separately or together as a portfolio investment. The properties feature corporate guaranteed double net (NN) leases, with rent increases of three percent every three years throughout base term and option periods. Both properties offer two five-year tenant renewal options.
WellMed is a healthcare company generating multi-billion-dollar revenue, primarily serving the senior population in Texas and Florida. WellMed operates over 400 doctors’ offices and clinics, providing care for more than 1 million older adults. WellMed is a subsidiary of Optum, a UnitedHealth Group company.
WellMed 2-Property Portfolio (Dallas MSA)
Investment Highlights
- 2-Property WellMed Medical Portfolio, Available Separate or Together as a Portfolio Investment
- Corporate Guaranteed, Double Net (NN) Leases
- Three Percent Rent Increases Every Three Years Throughout Base Term and Option Periods
- Two, Five-Year Tenant Renewal Options
- WellMed is a Multi-Billion Dollar Revenue Healthcare Company Serving the Senior Population Primarily in Texas and Florida
- WellMed Provides Care for More Than 1 Million Older Adults at Over 400 Doctors' Offices and Clinics
- WellMed is Part of Optum, a UnitedHealth Group Company
Exclusively Listed By
Broker of Record
Listing Price: $1,993,512
Investment Highlights
- 2-Property WellMed Medical Portfolio, Available Separate or Together as a Portfolio Investment
- Corporate Guaranteed, Double Net (NN) Leases
- Three Percent Rent Increases Every Three Years Throughout Base Term and Option Periods
- Two, Five-Year Tenant Renewal Options
- WellMed is a Multi-Billion Dollar Revenue Healthcare Company Serving the Senior Population Primarily in Texas and Florida
- WellMed Provides Care for More Than 1 Million Older Adults at Over 400 Doctors' Offices and Clinics
- WellMed is Part of Optum, a UnitedHealth Group Company
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a two-property WellMed Medical Portfolio located in Texas, available separately or together as a portfolio investment. The properties feature corporate guaranteed double net (NN) leases, with rent increases of three percent every three years throughout base term and option periods. Both properties offer two five-year tenant renewal options. WellMed is a healthcare company generating multi-billion-dollar revenue, primarily serving the senior population in Texas and Florida. WellMed operates over 400 doctors’ offices and clinics, providing care for more than 1 million older adults. WellMed is a subsidiary of Optum, a UnitedHealth Group company.
Exclusively Listed By
Broker of Record
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