Austin, TX

Next Level Urgent Care

Offered for sale is the opportunity to acquire a triple-net lease Next Level Urgent Care in Austin, Texas. The property consists of a 4,205-square-foot building that sits on approximately 0.25 acres of land. The tenant signed a new 10-year lease, with 2.5 percent annual rental escalations and two, five-year options.

Building Size	4,205 sqft
Lot Size	0.25 acres
Year Built	1960/2022

Offering Memorandum

Vincent Knipp

Senior Managing Director Investments

(972) 755-5205

vincent.knipp@marcusmillichap.com

License: TX 0579633

FINANCING TEAM

Duke Dennis

Director

(817) 932-6172

Duke.Dennis@marcusmillichap.com

New 10-Year Triple-Net Lease with a Corporate Guarantee
Adjacent to The University of Texas at Austin (50,000 Students and 14,400 Employees)
Located in a Dense Commercial Corridor Along Interstate 35 (217,234 VPD)
2.5% Annual Rental Escalations
Huge Daytime Population of 668,669, a 77% Increase over the Residential Population
Infill Austin, Texas Location - More than 376,408 Residents Within a Five-Mile Radius
2022 Construction - 4,205-SF Medical Building a Block from St. David’s Medical Center
Fast-Growing Brand - Next Level Medical, LLC Operates 25 Locations and has 19 More Locations in Development