Freedom Urgent Care | Wellstone Health Partners - Temple, TX

Regional Hospital Affiliation – The tenant is affiliated with Seton Medical Center Harker Heights, an 83-bed acute care hospital offering a full range of services. The tenant maintains a strong presence in the region with more than nine affiliated medical facilities across the market. This extensive network reinforces the tenant’s market position and provides a solid foundation for long-term operational stability.
Joint Venture Partnership with Leading Health Systems – Seton Medical Center Harker Heights (SMCHH) is operated through a joint-venture partnership between Austin-based Ascension and Nashville-based Ardent Health Systems. The joint-venture alignment creates a steady referral network and reinforces long-term tenant stability.
Health System Backed Lease: The lease is fully supported by a joint venture between Ardent Health Partners and Seton Healthcare (Ascension), providing a strong and reliable credit profile behind the tenant’s rental obligations. Tenant has robust financials that can be shared upon executed NDA.
Ascension Affiliation – Ascension is one of the largest nonprofit and Catholic health systems in the United States. This strong affiliation with a well-capitalized healthcare organization enhances tenant credit quality and should further instill buyer confidence in the asset.
New Construction Build-To-Suit – Delivered in 2025, the facility was purpose-built to the tenant’s exact operational specifications, providing a modern and efficient design tailored to urgent care/primary care delivery. Built-to-suit construction strengthens the tenant’s long-term commitment to the location by aligning the building’s functionality with its clinical workflow and patient volume needs.
Integrated Patient Care Model – Urgent care centers frequently serve as the first point of contact for patients with acute, non-emergency needs. Many of these visits convert into ongoing primary care relationships, creating seamless cross-referral opportunities for both tenants. This integrated care environment increases patient retention and supports higher visit volumes.
Long-Term NNN Lease – The tenants signed original 10-year leases in 2025, demonstrating their long-term commitment to the location. The leases also feature a passive net lease structure with minimal landlord responsibilities.
Recession-Resistant Asset Class – The non-discretionary nature of medical care and its resilience during economic uncertainty have made healthcare real estate a strategic focus for both institutional and private investors nationwide.
Inflation-Protected Cash Flow – The leases feature 12% rent increases every five years, offering investors built-in income growth and a great hedge against inflation.
Tax-Free/Top Destination State – Texas is one of nine states with no personal income tax, offering potential tax advantages for investors. According to U.S. Census data, Texas led the nation in net domestic migration in 2024.
Urgent Care Association (UCA) Accredited – Freedom Urgent Care is certified by the (UCA), which is the industry’s trade association and accredited as an Occupational Medicine Clinic, offering walk-in treatment for non-emergency injuries and illnesses, as well as employer-related services such as physicals, drug and alcohol testing, and workplace injury care.
Strategic Practice Location – Located less than two miles from Temple College and nestled within a dense residential community, the property is strategically positioned to serve its surrounding population base and capture consistent local demand.
Favorable Depreciation – Given the heavy build out at this facility, this opportunity offers investors the ability to capture more favorable depreciation advantages through a cost segregation study. *Investors to confirm with their own CPA.

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Patrick Graham