Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a Single Tenant Net Leased Medical Office Building (“The Property”) located in Sealy, TX. Sealy Urgent Care has been successfully operating in this location since construction in 2008. The Property received a full renovation/modernization in 2015 and is the main medical destination in town. Sealy Texas is a quickly growing town just 15-miles outside of the western Houston suburbs. The 19,500 square foot building is home to a multi-specialty clinic and urgent care offering comprehensive care for the community. The Property features a brand-new 20-year lease in a Sale-Leaseback structure with an extremely landlord friendly lease. The lease is Absolute Net with zero landlord responsibilities providing a truly passive investment with 2% annual rent bumps driving continual income growth and a strong hedge against inflation. The rent bumps drive the Blended Cap Rate over the 20-year lease to 9.72% creating compelling cash flows and an asset guaranteed to appreciate. The lease is guaranteed by parent organization American Medical Administrators, Inc (“AMA”), an integrated healthcare conglomerate with more than $31 million in revenue in 2023, and $39 million in projected revenue for 2024. American Medical Administrators, Inc currently has 29 clinics, pharmacies, and labs across the nation as well as Remote Patient Monitoring and Durable Medical Equipment sales. The Property is offered for sale at an 8.0% cap rate totaling $7,800,000.