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News Release: Sold – Brand New Multi-Specialty Outpatient Surgery Center, Anna, TX

HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Anna, TX within the Dallas-Fort Worth metroplex. Completed in 2020, the state-of-the-art facility consists of 23,329 rentable square feet and is 100% leased and occupied by the Surgery Center of North Texas (SCNT).

The Surgery Center of North Texas is strategically located in Anna at the intersection of five (5) major highways providing exceptional regional access and convenience for patients throughout northeast Texas. Located in Collin County within a rapidly developing commercial corridor and residential base, Anna has seen a 51% increase in population since 2010 with Collin County ranked as the sixth fastest growing county in the U.S.

SCNT is comprised of five (5) full-sized operating rooms, an ophthalmologic procedure room, and two (2) gastrointestinal procedure suites that are outfitted with the latest in innovative technology. The ASC is utilized by nineteen (19) board-certified physicians offering an array of elective-based outpatient surgical procedures including ENT, ophthalmology, gastroenterology, orthopedic, and pain management.

HREA structured the transaction to allow existing physician-owners to monetize the majority of the real estate value while retaining tax-deferred ownership in the real estate. As a result, the physicians were able to take advantage of historically high valuations but also maintain ownership alignment between the real estate and the operating company.

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