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CareNow Triple Net Lease Property Medical Texas

CareNow | Burleson, TX
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Investment Offering

Tenant: CareNow | Burleson, TX
Premises: 5,575 SF
Renewal Options: 3 x 5 Years

Lease Expiration: 6/30/2029
Lease Type: NNN
Rental Increases: 2% Annually


Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,575 SF CareNow Triple Net Lease Investment Opportunity Located at 1501 SW Wilshire Boulevard in Burleson, Texas. This Deal Includes Over 8 Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For a Secure Investment.

  • Over 8 Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities
  • 2% Annual Increases and Three, 5 Year Option Periods
  • CareNow Urgent Care Facilities Are Essential Businesses; Amazon and Pandemic Proof
  • With More Than 100 Locations in the U.S., CareNow is Ready to Serve You Near Home, Work or School – All Clinics Are Open 7 Days a Week
  • CareNow® Urgent Care Centers Are Accredited Through the Urgent Care Association (UCA), Which is the Highest Level of Distinction For Urgent Care
  • Primary Health, Inc. is a Subsidiary of HCA Healthcare (NYSE: HCA) Who Acquired Dallas Based CareNow in 2014 Which at That Time Added 24 Urgent Care Centers to HCA North Texas Division;HCA Healthcare Comprises of More Than 180 Hospitals and 2,000+ Sites of Care in 21 States and the United Kingdom
  • Located in an Income Tax Free State
  • Extremely Affluent Area With an Average Household Income of $94,917 and 42,927 Residents Living Within a 3-Mile Radius
  • Located Along State Highway 174 and SE John Jones Drive Which Sees a Combined Traffic Count of Over 53,890 VPD
  • Burleson is Ranked in the Top 5 “Texas Communities to Raise a Growing Family”
  • Located Within the Dallas-Fort Worth Metropolitan Area, Burleson is Fort Worth’s Closest and Largest Neighbor to the South; it is Strategically Bisected By One of the Most Travelled Interstates in America, I-35 West, the NAFTA Corridor That Supports North American Manufacturing
  • Neighboring Tenants Include: Kroger, ALDI, Target, Petco, H-E-B Plus!, Harbor Freight Tools, Home Depot, O’Reilly Auto Parts, Goodwill, Wells Fargo Bank, Chase Bank, Chick-fil-A, Sonic Drive-In, Starbucks and Many More

In Cooperation With Sands Investment Group Austin, LLC – Lic. # 9004706
BoR: Max Freedman – Lic. # 644481

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

CareNow® is dedicated to reducing people’s wait while improving their health. With more than 100 urgent care clinics around the United States, CareNow® is ready to serve you near your home, workplace or school. Its clinics are open 7 days a week and stay open late to provide care when it is needed the most. Each CareNow® clinic is staffed by qualified and experienced healthcare providers dedicated to improving lives. Its doctors and medical staff are trained in family practice, emergency medicine or internal medicine. CareNow delivers quality, convenient, patient-centered urgent care with unparalleled service around the United States. Its physician-driven focus is centered on providing extensive resources and support to its growing CareNow physician team. Its doctors and medical staff are trained in family practice, emergency medicine or internal medicine. It offers a wide range of primary and urgent care services for the entire family. CareNow® urgent care centers are accredited through the Urgent Care Association (UCA), which is the highest level of distinction for urgent care. This distinction was earned through a detailed survey and onsite visits with UCA accreditation surveyors. UCA is responsible for setting national industry standards for patient safety and quality measures.

Area Overview

CareNow | Burleson, TX

1501 SW Wilshire Boulevard - Burleson, TX 76028

Contact Broker for Details

Status: Sold

CareNow | Burleson, TX

Chris Naylon

310.438.5525
cnaylon@SIGnnn.com

Make an Offer
$8.3 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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