Overview
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Total Point Urgent Care in Athens, TX. This 3,303 SF asset has been 100% occupied by Total Point Urgent Care since July of 2023 with strong positioning along Rt 175 (E Corsicana Street) adjacent to Athen’s High School in the downtown area of the city servicing all local patrons.
The 20-year lease was signed in 2023 with rent commencing on 7/3/2023. Total Point is currently paying $249,900 with 2% annual increases and includes four (4) five (5) year options. This investment offers combines the advantages of zero landlord responsibilities and a stable longterm passive income stream.
Investment Highlights
ATTRACTIVE RENTAL INCREASES
2% annual rent increases beginning at the start of every lease year
LOW MARKET COMPETITION
Situated in a low-competition environment, the site enjoys a favorable position with few competitors within a 3-mile radius. Total Point is to be only the third urgent care/medical office location within 20 miles
LOCATED IN DOWNTOWN ATHENS
The property is located on the East side of Palestine Street in the dense retail corridor along with CVS, Brookshires Grocery Store, and several other national chains
GUARANTY FROM INVESTMENT GRADE TENANT
Total Point is a growing brand with over 13 units supported by Elysium Capital LLC, a Texas-based private equity firm with $700M Under Management
RECENTLY UPGRADED
Fully renovated property limiting a new owner’s exposure to capital repairs during the hold period
MARKET INCENTIVES
Athens, TX has an array of local and state incentives for property and business owners, making this a growing & robust development market
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