GoHealth Urgent Care NNN Property For Sale — Conroe, TX
10140 Highway 242, Conroe, TX 77385
This newly constructed urgent care facility in Conroe, Texas, offers a compelling investment opportunity. The property is subject to a fresh 10-year NNN lease, with estimated commencement in October 2024. The lease features attractive 2.50% annual increases and includes two, five-year renewal options. The tenant is a partnership between Memorial Hermann Health System, a major Texas health system with strong credit ratings (Moody’s: Aa3/S&P: AA-), and GoHealth Urgent Care, a national urgent care operator with over 250 locations, backed by TPG Growth. This built-to-suit property, completed in 2024, is strategically located as an outparcel to a prominent grocery store and surrounded by numerous national retailers. Conroe is a high-growth market, experiencing significant population increases…
- Address: 10140 Highway 242, Conroe, TX 77385
- Asking price $2.64M
- 5.75% cap rate
- NOI $152,000
- 8.1 years remaining
- NNN lease
- Year built: 2024
- Building size: 4,000 SF
- Lot size: 0.78 acres
- Lease expiration: Oct 1, 2034
- Rent increases: 2.50% annual
- Guarantor: Corporate
Location
This GoHealth Urgent Care property is at 10140 Highway 242 in Conroe, Texas.
Asset type: Urgent Care