Navarro Regonial Hospital MOB - Corsicana, TX
For Sale: Single-Tenant Hospital-Anchored MOB | Navarro Regional Hospital | Corsicana, TX
Marketing description
Navarro Hospital MOB – Corsicana (the “Property”) offers qualified investors the opportunity to acquire a 100% leased, hospital-anchored Medical Outpatient Building (MOB) located in Corsicana, Texas. The Property contains approximately 10,777 rentable square feet (RSF) and is purpose-built to support outpatient and clinical services including primary care, imaging, and urgent care.
The Property is fully leased to Navarro Regional Hospital under a new, 10-year, NNN lease with 3.00% annual rent escalations, ensuring strong NOI growth, minimal landlord responsibilities, and a durable, predictable income stream.
Navarro Regional Hospital is owned and operated by Community Health Systems (CHS), one of the largest publicly traded hospital operators in the United States, with approximately 70 acute-care hospitals and over 1,000 total locations. CHS employs over 60,000 people and has a vast network of over 20,000 affiliated physicians. CHS reported $12.6 billion in net operating revenue in 2024.
Corsicana serves as the primary healthcare hub for Navarro County and surrounding rural communities; Navarro Regional Hospital anchors the local healthcare ecosystem and represents essential regional infrastructure. Corsicana is located along the Interstate 45 corridor within the Dallas–Fort Worth–Arlington MSA, which is the fourth-largest metropolitan area in the U.S., with an estimated population of over 8.3 million people.
The Property is 3.5 miles from Navarro Regional Hospital and serves as a vital facility within the hospital’s ambulatory network. The building is approximately 60 miles south of Dallas/Fort Worth International Airport, which was the fourth busiest airport in the world in 2025.
Investment highlights
Dominant Hospital Tenant
100% leased to Navarro Regional Hospital, the primary acute-care provider in Navarro County. The hospital serves as essential regional medical infrastructure with limited competing supply in the immediate trade area.
10-Year Lease with 3% Annual Escalations
New 10-year NNN lease commenced February 1, 2026 with 3.00% contractual annual rent increases. Provides predictable income growth and built-in inflation protection.
Proven Long-Term Tenancy
The tenant recently completed its initial 10-year lease and has executed a new 10-year extension, reaffirming the Property’s long-term significance within the hospital’s ambulatory network.
Community Health Systems Affiliation
Operated as part of Community Health Systems (NYSE: CYH), one of the largest publicly traded hospital operators in the U.S. The CHS platform supports long-term operational stability.
Recent Capital Improvements
Interior and exterior improvements were completed in connection with the new lease. Recent investment enhances building condition and reduces near-term capital risk.
Mission-Critical Outpatient Facility and Diagnostic Imaging Services
Built in 2015, the 10,777 RSF facility supports primary care, urgent care, and imaging services. Located 3.5 miles from the main hospital campus, it serves as a key outpatient extension.
Passive, Expense-Reimbursed Structure
NNN Lease provides 100% operating expense reimbursement, supporting a low-management ownership profile. Well suited for 1031 exchange investors seeking durable cash flow.
Limited Hospital Competition
Nearest competing acute-care facilities are approximately 30+ miles away. Dominant local positioning supports long-term tenant viability.
Defensive Healthcare Asset Class
Essential-use medical real estate benefits from demographic demand and outpatient growth trends. Hospital-leased assets offer stable, resilient income characteristics.
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