1643 N. Market Street Hearne, TX 77859
$2,416,500
For Sale








Details
- StatusFor Sale
- Price$2,416,500
- Cap Rate5.75%
- TenantsIntegrity Urgent Care
- Lease TypeABS NNN
- Building Size4,759 SF
- NOI$138,948
Documents
Property Description
Helios Investment Services proudly presents a prime investment opportunity—a long-term leased Integrity Urgent Care facility in Hearne, TX. This 4,759 SF urgent care center is leased on a 15-year Absolute NNN lease, meaning zero landlord responsibilities and a stable, passive income stream.
The property is backed by a corporate guarantee from Xpress Wellness Holdings, LLC, a leading urgent care provider with 82+ locations across Texas, Oklahoma, and Kansas. The lease features 1.25% annual rent increases beginning in Year 3, ensuring long-term value appreciation.
Strategically located in Hearne, TX, this property benefits from its proximity to Texas A&M University, the largest university in the country with over 74,829 students. The site is positioned at the intersection of Market St (27,655 VPD) and FM-485 (3,824 VPD), just two parcels north of a high-traffic Love’s Travel Stop that draws 1.2 million+ customers annually. This prime location ensures strong tenant performance and long-term stability.
With the urgent care industry projected to grow at a 10.99% CAGR through 2030, this property represents a secure investment in a recession-resistant sector. Additionally, Goldman Sachs’ acquisition of Xpress Wellness Holdings in May 2024 further enhances the financial strength of the tenant, making this a low-risk, high-reward opportunity.
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