Tenet Healthcare 3328 University

Strong Corporate Guarantee – Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company with over 100,000 employees, 6,000 physician partners, and reached $20.548 Billion in 2023 revenue. The network includes 52 hospitals, 535 ambulatory surgery centers and surgical hospitals, as well as approximately 160 additional outpatient centers and other sites of care
Priced Below Replacement Cost – At a price of $338 PSF, this asset is offered significantly below the average cost to replace a medical office building which is approximately $451 PSF (Source: Autodesk Construction Cloud)
Corporate NNN Lease with Annual Rental Escalations – Allows an investor the opportunity to acquire a NNN asset with limited responsibilities while the annual rental increases provide a strong hedge against inflation
High Quality 2022 Construction on Oversized 1.95 Acre Pad – Features excellent visibility and accessibility with unparalleled ingress/egress and a large surface lot providing for ample patient
parking accommodations
Below Market Asking Rent – Average medical office asking rent in Nacogdoches, TX is $24.64 PSF while this location’s current rent is $20.28 PSF (Source: Costar Analytics)
Strategically Located Between Nacogdoches Medical Center and Nacogdoches Memorial Hospital – The two acute care hospitals which serve the greater Nacogdoches area offer a broad range of medical services