Pulse Healthcare System | Woodlands ASC
Tomball, TX
Pulse Healthcare System is made up of nine clinic locations across the state of Texas. The twelve healthcare providers at Pulse put one-on-one relationships with their patients at the core of what they do. Pulse also prioritizes state-of-the-art resources. The clinics are equipped with the best technology and treatment options to ensure that patients are feeling better without delay.
Property Information
- Tenant: Pulse Physician Organization, PLLC
- Location: 25450 Kuykendahl Rd, Tomball, TX 77375
- Property Type: Ambulatory Surgery Center
- Building Size: 13,125 sq ft
- Purchase Price: $10,137,142.86
- Cap Rate: 5.25%
The Woodlands, TX
The Woodlands is a census-dedicated place (CDP) located 28 miles north of Houston. The Woodlands is a master-planned community built to be a thoughtful and diverse living experience that balances the spirit of neighborhood life with business and innovation—nestled within a grounded natural setting.
About Tenant In Common
Tenant in common or TIC ownership allows two or more people to hold an ownership interest in a property. Each property owner or business
entity holds its own separate stake in the property and receives a deed.Their interests do not have to be equal.
This Millcreek Commercial property has the following characteristics:
- Long-term, NNN lease
- Satisfies IRS requirements for 1031 exchanges
Office | 801.899.1943
Lease Information
- Lease Guarantor: Achy Legs Clinics, LLC; Spectre Innovations, LLC
- Minimum Rent: $44,350.00
- Initial Lease Term: 15 years
- Rent Increases: 11% Every 5 Years
- Renewal Options: Three 5-year options
