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COLLIERS INTERNATIONAL P. 1SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
South Shore SurgiCenter
2622 MARINA BAY DRIVENASA/CLEAR LAKE SUBMARKET | LEAGUE CITY, TX
FOR SALE
CLASS A SURGERY CENTER INVESTMENT OPPORTUNITY
BETH YOUNGSenior Vice President EMAIL [email protected] DIRECT +1 713 830 2166
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
The Offering
Investment Highlights
As exclusive agent for the owner, Colliers International is pleased to offer for sale the
100% leased South Shore SurgiCenter, a 7,365 square foot ambulatory surgery center
(“ASC”) and diagnostic clinic. Constructed in 2009, this class-A property is located in
League City, Texas, an affluent southern suburb of Houston along the east side of
I-45/South and adjacent to Clear Lake and Galveston Bay.
• Premier Class A 7,365 square foot ambulatory surgical center (ASC) and diagnostic clinic
• Located in a Class A location: League City, Texas - a southern suburb of Houston between I-45 and Clear Lake, north of Galveston Bay.
• Constructed in 2009 with high-end finishes.
• Strong tenant provides reliable, long-term cash flow.
• 100% leased under a ten-year NNN lease with five (5+) years remaining on the term and two 5-year options to extend the lease.
• Three (3%) percent rent increases each year, including extensions, assure annual increase to revenue stream.
• Personally guaranteed.
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
Investment Highlights (cont)• Multiple specialties of surgeons include:
• General Surgery
• Hand Surgery
• Orthopedic Surgery
• Pain Management
• Plastic & Reconstructive Surgery
• Podiatric Surgery
• Neurosurgery
• Gynecological Surgery
• Rent increases three (3%) percent annually through February 2024.
• Tenant pays operating expenses, insurance, maintenance and repairs.
• Landlord is responsible for the structural portions, roof and foundation of the building.
• Two 5-year options to extend the lease with 3% annual increases.
• No flooding during 500-year flood/Hurricane Harvey.
Call for Price.
Property Information
Bluestone Ridge
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
> CLASS A AMBULATORY SURGICAL CENTER AND CLINIC
> PROPERTY ADDRESS: 2622 MARINA BAY DRIVE LEAGUE CITY, TEXAS 77573
> YEAR BUILT 2009
> BUILDING SIZE 7,365 SF
> LAND SIZE 1 +/- ACRE
> 1 DIAGNOSTIC CENTER
> 2 OPERATING ROOMS
> 3 RECOVERY ROOMS
> 2 PREP ROOMS
> 2 CHECK-IN STATIONS
> 3 NURSES STATIONS
> PHARMACY
> CLEAN WORK ROOM
> 2 RECEPTION AREAS (CLINIC AND ASC)
> 2 WAITING ROOMS (CLINIC AND ASC)
> CONSULT ROOM
> EXAM ROOM
> DOCTOR’S OFFICE
> MANAGER’S OFFICE
> 4 RESTROOMS
> PHOTO ROOM
> STERILE STORAGE
> STAFF LOCKER ROOM AND SHOWER
> GENERAL STORAGE
> PATIENT’S SHOWER
> BREAK AREA
> FILE ROOM
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
Site Plan
Additional land
included within site for future building
South Shore SurgiCenter
COLLIERS INTERNATIONAL P. 6SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY COLLIERS INTERNATIONAL P. 6
Floor Plan
> Hospital information Opening Spring 2019
248 beds (est.)900 hospital employees (est.)
> Specialties (previous) Breast Care CenterChildbirth and Women’s Services CenterConsussion CenterEmergency ServicesHeart and Vascular ServicesJoint Replacement Center
Orthopedics and Sports MedicineOutpatient imaging servicesPrimary CareSpine ProgramWeight Management
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
> Hospital information 132 beds 1100 hospital employees
> Specialties Breast Care CenterChildbirth and Women’s Services CenterConsussion CenterEmergency ServicesHeart and Vascular ServicesJoint Replacement CenterNeurology Services
Occupational, hand, pediatric, phyisical and aquatic therapiesOrthopedics and Sports MedicineOutpatient imaging servicesPrimary CareSpine ProgramWeight Management
www.houstonmethodist.org
200 Blossom StreetWebster, TX 77598 5.1 miles to Subject
www.utmb.edu
18300 Houston Methodist DriveNassau Bay, TX 77058 4.9 miles to Subject
City Hospitals
UTMB Health League City Campus2240 Gulf Freeway SouthLeague City, TX 77573 6 miles to Subject
> Hospital information 97 beds
> Specialties Breast Imaging - Mammography Urgent Care Emergency Care Labor and Delivery Radiology and Imaging Inpatient Medical and Surgical Care
Colorectal Health Endoscopy Gastrointestinal Health Neurosurgery Plastic Surgery Surgery - General Urology
Vascular Surgery
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
> Hospital information 21 beds 137 medical professionals
> Specialties Ear, Nose and ThroatGynecological SurgeryHand SurgeryNeorosurgeryOrthopedicsPain Medicine
Plastic SurgeryPodiatryRobotic SurgerySports MedicineUrology
333 North Texas AvenueWebster, TX 77598 4.9 miles to Subject
www.utmbhealth.com/leaguecity
www.houstonphysicianshospital.com
City Hospitals
350 Blossom Street Webster, TX 77598 5.2 miles to Subject
> Hospital information110 beds
> SpecialtiesComplex Wound CareDialysisICU or Special Care UnitsIV Antibiotic TherapyPain ManagementPulmonary Care
Rehabilitation ServicesUrgent Diagnostic Department
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
www.khclearlake.com
500 Medical Center BoulevardWebster, TX 77598 5.4 miles to Subject
> Hospital information762 beds3000 + medical professionals
> SpecialtiesBreast Diagnostic CenterCancerCardiovascular CareChildren’s Emergency RoomDiabetes & Nutrition ManagementEmergency ServicesImagingInfustion CenterInpatient Rehabilitation
Level II Trauma Capabilities Neuroscience and NerosurgeryNICU / NurseryOutpatientPediatric Unit & ICUPhysical TherapySleep Disorders ClinicSurgeryWeight Loss SurgeryWomen’s Services
Wound Treatment CenterHeart & Vacular Hospital
www.clearlakemc.com
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
Map of Hospitals
> Area Hospitals - Distance to Subject
Clear Lake Hospital - 6.6 miles
Kindred Hospital - 5.2 miles
UTMB Health - 5.1 miles
Clear Lake Regional Medical Center - 5.4 miles
Houston Physicians Hospital - 4.9 miles
Houston Methodist -4.9 miles
UTMB Health League City - 5.1 miles
League City
League City Information
Bluestone Ridge
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
> League City is located approximately 23 miles southeast of Houston, and is considered part of the Houston MSA.
> EDUCATION
Universities and Colleges: University of Houston Texas Southern University San Jacinto College College of the Mainland
High Schools: 4 public / 1 private Intermediary Schools: 5 public / 2 private Elementary Schools: 10 public / 2 private Day Care Centers: 20
> ACTIVITIES: Waterford Harbor Yacht Club & Marina Lakewood Yacht Club Clear Lake Marina South Shore Harbor Country Club Kemah Boardwalk > POINTS OF INTEREST: Johnson Space Center (4.5 miles) (NASA) South Shore Harbor Houston Ship Channel - #1 in foreign waterbourne tonnage and #2 in U.S. total tonnage. > OTHER INTERESTING NOTES: Third largest boating anchorage in the United States Best small city in America - Money magazine 2006 Unemployment Rate of 4.0% Population Growth from 2010 to 2015: 17.7% Population Growth from 2000: 225.98% One of top 10 smartest cities in TX
www.leaguecitychamber.com
3 golf courses 14 baseball fields 16 soccer fields 11.5 miles of trails (212 miles when completed)
www.leaguecityedc.com
www.leaguecity.com
Links:
www.visitbayareahouston.com
POPULATION
102,010
MEDIAN AGE
34.5
MEDIAN INCOME
$78,250
BACHELOR’S DEGREE OR HIGHER
44.5%
High Schools: 4 public / 1 private
Intermediary Schools: 5 public / 2 private
Elementary Schools: 10 public / 2 private
Day Care Centers: 20
SOUTH SHORE SURGICENTER | EXECUTIVE SUMMARY
Demographics> 1 MILE RADIUS
2018 Population
Total Population 8,574
Male Population 49.0%
Female Population 51.0%
Median Age 40.6
2018 Income
Median HH Income $92,399
Per Capita Income $54,497
Average HH Income $121,314
2018 Households
Total Households 3,849
3 MILE RADIUS
2018 Population
Total Population 70,642
Male Population 49.6%
Female Population 50.4%
Median Age 36.9
2018 Income
Median HH Income $87,784
Per Capita Income $47,386
Average HH Income $108,544
2018 Households
Total Households 30,796
6 MILE RADIUS
2018 Population
Total Population 236,769
Male Population 49.6%
Female Population 50.4%
Median Age 36.0
2018 Income
Median HH Income $86,096
Per Capita Income $43,905
Average HH Income $108,861
2018 Households
Total Households 95,399
3 golf courses 14 baseball fields 16 soccer fields 11.5 miles of trails (212 miles when completed)
SOUTHSHORE SURGICENTER | EXECUTIVE SUMMARY
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regard-ing the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising therefrom. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2018. All rights reserved.
Location
League City is a city in Galveston and Harris counties within the Houston-The Woodlands-Sugar Land MSA located in Southeast Texas.
League City is located off Interstate 45, approximately 23 miles southeast of Houston and the same distance northwest of Galveston. The subject property is conveniently located approximately 3 miles off of Interstate 45 and is in one of the fastest growing sections of the city.
South Shore SurgiCenter is located approximately 19 miles from William P. Hobby Airport, Houston.
Area hotels are approximately 2 miles from the property and the Baybrook Mall is only a short 15 minute drive.
BETH YOUNGSenior Vice President
EMAIL [email protected] DIRECT +1 713 830 2166
1233 W Loop South, Suite 900 Houston, TX 77027
+1 713 222 2111
Colliers International Houston, Inc. 29114 [email protected] (713)222-2111
Gary Mabray 138207 [email protected] (713)830-2104
Patrick Duffy, MCR 604308 [email protected] (713)830-2112
Beth H. Young 383050 [email protected] (713)830-2166
