Exceptional Emergency Center

 Amarillo, Texas

Asking Price


Cap Rate


For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.





Year Built




9+ Years


Dense Population

164k+ in 5 Miles


Square Feet

8,000 SF


Long Op. History

7 Yrs in Location


  • Established Location w/Long Term Remaining | Tenant has been operating at this location for over 7 years and has 9.50 years of lease term remaining. The Lease offers long-term cash flow to investors.
  • Leading Operator w/Corporate Guaranty | The Property is occupied by Exceptional Emergency Center and corporately guaranteed by Altus Community Healthcare. Exceptional operates 12 emergency centers across Texas, offering an established and stable operator and a lease backed by a larger corporate entity.
  • Absolute NNN Lease | The Lease is Absolute NNN with zero landlord responsibilities, offering ease of management and truly passive cash flow to investors.
  • Annual Rental Increases | The Lease includes 2.0% annual rental increases. The increases provide a hedge against inflation and a boost to an investor’s overall equity recovery in the base term and options.
  • “Recession Proof” Business Model | Tenant’s business model holds a defensive economic position as healthcare is a necessity not subject to price sensitivity given the significant role of private insurance and government programs in covering treatment costs. Sensitivity to recession has become another value consideration with today’s economic headwinds.

  • High-Growth Industry | The Freestanding Emergency Department Market is a high-growth industry with an estimated market size of $11.5 billion in 2023. The market is expected to grow to $14.5 billion by 2028. Growth is being driven by overcrowding of hospital emergency departments.
  • Income Tax-Free State | Texas is one of nine states in the US with no state income tax and also does not have a state inheritance tax.  Additionally, the low regulation, business-friendly environment is driving investors and businesses to the state.
  • Excellent Accessibility | The Property benefits from its location along the major north/south S Western Street corridor (25K+ VPD).  Additionally, the Property enjoys immediate access to I-40 (87K+ VPD) linking it to the greater Amarillo MSA. The Property also benefits from a dedicated signalized left turn lane, providing ease of access from the I-40 exit.
  • Strategic Location in Dense Retail Trade Area | The Property is strategically located within a dense retail trade area surrounded by national and regional tenants such as Home Depot, Olive Garden, Michael’s, Petco, Gold’s Gym, Planet Fitness, and Crunch Fitness.  It is also adjacent to hotels such as Candlewood Suites, and Comfort Suites.
  • Dense Surrounding Population | The Property benefits from over 93K+ residents and 164K+ residents within 3 and 5 miles, respectively.

Exclusively Listed By

Daniel Herrold

Senior Vice President      +1 918.814.1966

In Association With
James Gibson

TX Lic. #392926


6120 S Yale Ave, Suite 300
Tulsa, OK 74136