Property History
Lakeside Physicians Group is a part of Lake Granbury Medical Center, offering comprehensive healthcare services to patients in the counties of Hood, Erath, and Somerville Texas. Their services cover a wide range of specialties inclusive of, and not limited to, family medicine, pediatrics, Cardiology, Urology, and many more. Lakeside Physicians Group benefits from the resources and backing of Lake Granbury Medical Center, which is an affiliate of Community Health Systems (CHS), one of the largest publicly traded healthcare companies in the U.S. The hospital is the only hospital in Hood County and with their clinics and urgent care locations, and is the dominant provider of healthcare services in the area.
Number of Locations: 25 Number of Physicians at this location: 7
Services offered by Lakeside Physicians include Bariatric Surgery, Cardiology, Family Medicine, Gastroenterology, General Surgery, Internal Medicine, Neurology, OB/GYN, Orthopedic Surgery, Pain Management, Pediatrics, Primary Care, Pulmonary & Critical Care, and Urology
Community Health Systems, Inc. is one of the nation’s largest healthcare systems with over $12.6 billion in revenue in 2023. Headquartered in Franklin, Tennessee and publicly traded on the New York Stock Exchange under the symbol CYH, Community Health Systems has been developing and operating healthcare delivery systems committed to helping people get well and live healthier for nearly 40 years. Their affiliated healthcare systems provide a wide range of services and function as vitally important members of their local communities, offering more than 1,000 sites of care including general acute and specialty care hospitals, physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. CHS operates 69 hospitals in 15 states including Lake Granbury Medical Center.
CHS leases the hospital from the Hood County Hospital District. It one of CHS’s top producing facilities. The lease with the Hospital District goes for 10 more years and the parties are in discussion to further extend the term.
Website Link - https://www.chs.net/
Granbury, named the Best Small Town in America by USA Today, is a thriving and attractive market for retirees and professionals. Approximately 35 miles southwest of Fort Worth, the town has seen 19% population growth since 2020, with a median household income of $96,000 and a high proportion of residents over 45, making it an ideal market for medical and healthcare services.
The Property is located on the fast-growing side of town. A new development a few miles east in Benbrook, between Granbury and Fort Worth, will feature luxury homes and professionally designed golf courses.
Growing Population
Strong Demographics
Easy Access
Attractive Building
Excess Land for Expansion
Loan History
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Tax History
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