
NextCare Urgent Care - Plano, TX (Alma Dr)
Absolute NNN Lease | Infill Dallas Location | 3% Annual Rent Bumps | AHHI OF $145K in a 5-Mi Radius
Marketing description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee-simple interest in a freestanding single-tenant building located at 3304 Alma Drive, Plano, TX. The property is 100% leased to NextCare Urgent Care with ±2.3 of term remaining on an absolute NNN lease that features 2% annual rent increases.
The 3,650 SF building sits on a 0.20-acre parcel and operates as a Baylor Scott & White urgent care clinic, a partnership with NextCare. The tenant has a long operating history at this location of over 25 years. NextCare is a leading national urgent care provider with over 170 clinics, and its partner, Baylor Scott & White, is the largest not-for-profit health system in Texas, providing exceptional strength to the tenancy.
The property is strategically positioned as an outparcel to a shopping center at the intersection of W Parker Road and Alma Drive, with exposure to more than 46,900 vehicles per day. The site serves a dense and affluent market in Plano, a premier city within the Dallas-Fort Worth Metroplex. The immediate area boasts a population of over 326,939 residents and an impressive average household income of $145,899 within a five-mile radius.
This offering provides an investor the opportunity to acquire a well-located medical asset with a long-term, established tenant in the recession-resistant healthcare industry. The absolute NNN lease structure ensures passive income backed by a leading national operator and a premier regional health system.
Investment highlights
- Absolute NNN lease - ZERO landlord responsibilities
- Attractive 2% annual escalators
- Over 25+ years of operating history at this location
- Baylor Scott & White, a JV partner of NextCare, is the largest not-for-profit health system in Texas, serving 3M+ patients annually
- Located as an outparcel to a shopping center
- Densely populated and affluent location, with avg. household income exceeding $145K and over 326K residents in a 5-mile radius
- On intersection of highly trafficked W Parker Rd and Alma Dr with exposure to over 46,900+ VPD
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