Matthews Logo

Navigation Menu

5005 Live Oak St, Greenville, TX, 75401

MYTOWN HEALTH PARTNERS
Closed

Key Information

Year Built
1985/R2002
Type
Healthcare
Occupancy
100%
Leasable Area
4,800

Highlights

  • Recession-Resistant Asset Class – The non-discretionary nature of medical care and its resilience during economic uncertainty has made healthcare real estate a strategic focus for both institutional and private investors nationwide.
  • New Five-Year NN Lease – MTHP executed a brand-new five-year NN lease in 2025 after acquiring the practice, signaling long-term operational intent and stability.
  • Inflation-Protected Income – The lease includes 2% annual rent escalations, providing built-in income growth and a hedge against inflation.
  • Established and Expanding Operator – MTHP operates 71 clinics across eight states and continues to expand its footprint, supported by Webster Equity Partners, a $9.5 billion AUM private equity sponsor with deep experience in healthcare.
  • Strategic Demographics – The clinic is located in a medically underserved area that aligns with the operator’s mission, providing both demand-driven stability and high-impact community service.
  • Close Proximity to Regional Hospital – Situated just one mile from Hunt Regional Medical Center, a 188-bed facility, the location benefits from proximity to a major acute care facility, supporting potential referrals and clinical synergy.
  • Opportunity Zone Location – Located within a federally designated Opportunity Zone, the property offers qualified investors potential tax incentives, including capital gains deferral and long-term tax savings.
  • 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.
  • Demographic & Population Growth – The local market is experiencing steady population growth, with a 3.7% increase in recent years and another 3.6% projected by 2029, underscoring long-term demand and economic vitality.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225