Concentra Health Services

Price: $5,657,000
Sq. Ft.: 8,560
Cap Rate: 5.25%
Built: 2012

Concentra Inc., is a national health care company founded in 1979 in Amarillo, Texas. Concentra, a division of Select Medical, is focused on improving the health of America’s workforce, one patient at a time. Through its affiliated clinicians, the company provides occupational medicine, urgent care, physical therapy, and wellness services from more than 518 medical centers in 46 states. Concentra has more than 900 affiliated primary care physicians and 600 physical therapists. These health care professionals treat injuries and illnesses, provide disease prevention and wellness services, perform physical examinations, and conduct drug testing. Concentra also provides a range of health improvement solutions to employers, and operates 154 employer onsite medical facilities. The company’s primary focuses are occupational health, physical therapy, health and wellness and urgent care.

  • Extremely Rare Corporate Guarantee from Concentra Group Holdings Parent, LLC | Only 1% of Concentra Leases are Corporately Guaranteed
  • Tenant Recently Exercised an Early Renewal | ~11 Years of Term Remaining | Annual Rent Increases
  • Phenomenal Location in a Dense Retail Corridor | Surrounded by Dozens of National Tenants | Strategically Located in the Center of Dallas and Fort Worth
  • Build to Suit For Concentra | Site Offers Occupational Healthcare, Urgent Care and Physical Therapy | Concentra has Partnered with Worksite Medical to Deliver Mobile Occupational Health Care | Multiple Sources of Revenue for Concentra
  • Three (3), Five (5)-Year Tenant Renewal Options | 2% Annual Increases in Each Option Period
  • Strong Real Estate Fundamentals | Nearby Arlington Highlands Shopping Center Boosts High Traffic of 8.8 Million Visitors Annually, and the Costco Location Ranks #2 in the State of Texas Based on Consumer Traffic as Compared to Other Costco Stores (source: Placer Labs Inc.)
  • Strong Demographics | Population Exceeds 343,400 Individuals Within a Five-Mile Radius
  • Phenomenal Traffic Counts | Over 205,800 and 37,400 Vehicles Per Day Along Interstate 20 and South Collins Street
  • Dense Retail Corridor | Home Depot, Lowes, Costco, Bed Bath & Beyond, PetSmart, Old Navy, Michaels, Burlington, McDonald’s, In-N-Out, Starbucks, Whataburger, Outback Steakhouse, 7-Eleven
  • Compelling Location Fundamentals | Located Within a Three Mile Radius of 11 Schools with a Combined Enrollment Exceeding 11,200 Students
  • Leading, Nationwide Healthcare Provider Focused on Occupational Health, Physical Therapy, and Urgent Care
  • The Largest Occupational Health Services Provider Nationwide | Services Include Employee Wellness, Pre-Placement Testing, Ergonomics, Occupational Therapy, Occupational Medicine, and More | Depth of Experience and Nationwide Reach Sets Concentra Apart from Other Providers
  • 518 Medical Centers in 46 States Employing 900+ Primary Care Physicians
  • Subsidiary of Select Medical | NYSE: SEM