Freestanding Emergency Room  

 Wichita Falls, Texas 

Asking Price


Cap Rate


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Building Size

6,421 SF


Land Size (Acres)

0.8 AC


Expense Structure



Year Built


Householdincome - white-02-1

Avg HH Income

$94,644 (3-mile)


  • STRONG DEMAND AND EXCELLENT DEMOGRAPHICS - ER Now is the only free-standing ER in Wichita Falls which has a metro population of 151,201. Within five (5) miles of the Property, there are 74,591 residents earning an average household income of $86,815.
  • HIGH-QUALITY CONSTRUCTION - The facility was built in 2016. With the high-quality construction, the probability of necessary structural repairs or maintenance is minimal.
  • OFFERED BELOW REPLACEMENT COST - The property is offered at a price point significantly below replacement cost. Market construction costs average $888/sf for acute care facilities.
  • INCOME TAX-FREE STATE - The State of Texas does not have individual state income tax. This is a very attractive feature to net lease investors and lends itself to Texas being one of the most attractive states in the minds of net lease investors.
  • NNN LEASE - ER Now has five (5) years remaining on their base lease term and two (2) five (5) year renewal options. The lease is NNN, with Landlord responsible for roof & structure.

Exclusively Listed By

Toby Scrivner

Senior Vice President      918.794.9554
TX Lic. # 452773

Jeff Matulis

Senior Vice President      918.794.9525

Christian Vaughan

Vice President      918.794.9544


6120 South Yale Ave | Suite 300
Tulsa, Oklahoma 74136