411 S King St, Seguin, TX 78155

AVAILABLE AS A PORTFOLIO WITH THIS ASSET: https://www.crexi.com/properties/2446913/texas-guadalupe-regional-medical-center---cypress-building

JLL is pleased to offer the opportunity to acquire Guadalupe Regional Medical Center – Palm Building, a purpose-built, single-tenant medical facility located at 411 S King St, Seguin, TX (the "Property" or "Asset"). The Asset is leased to Guadalupe Regional Medical Center ("Tenant"), a government-owned, 153-bed acute care facility jointly owned by the City of Seguin and Guadalupe County on a NN lease with 10.5 years of remaining lease term, featuring the greater of 2.00% or CPI annual rent increases (capped at 5%) and two, 10-year renewal options at fair market rent, not less than the prior term.

The Property serves as a primary care location for Guadalupe Regional Medical Center, a leading regional healthcare provider. Established in 1965, GRMC has served as the primary healthcare provider for a seven-county region in South Central Texas for over six decades, operating 153 beds and partnering with more than 100 physicians to serve the region. Financial stability is supported by GRMC's government ownership structure (jointly owned by the City of Seguin and Guadalupe County) and its BB credit rating (Fitch) with a Stable outlook, with $393 million in operating revenue reported in FY2025.

The Asset is strategically positioned adjacent to Guadalupe Regional Medical Center's main campus (153 beds), reinforcing the Property's role as an essential component of the region's healthcare infrastructure. Seguin has emerged as a regional hub for healthcare, manufacturing, and retail, and is undergoing significant growth, including the development of a $75M+ mixed-use Town Center project and a pipeline of over 17,000 new residential units.

Situated on a 1.59-acre parcel within a dense retail corridor and directly adjacent to a Walmart Supercenter, the Property draws benefits from robust demographics, including a 3.6% annual population growth within a five-mile radius from 2020 to 2025, a population of 66,760, and an average household income of $88,698 within a 5-mile radius.

This investment provides the opportunity to acquire a healthcare asset backed by a government-owned hospital district with strong credit fundamentals, providing secure, long-term cash flow with a minimum of 2.00% annual rent escalations and limited landlord expenses in a rapidly expanding and strong medical market.