CSRA MOB TX Portfolio III, DST

Location: 2801 East Broad Street, Mansfi eld, Texas 76063

INVESTMENT COST: $22,150,000

EQUITY RAISE: $9,475,000

  • CASH ON CASH RETURN YR 1: 6%
  • OFFERING LOAN-TO-VALUE: 57.22%
  • FIXED INTEREST RATE: 4.7%
  • AMORTIZATION: 3 Years Interest Only

The Dallas-Fort Worth (“DFW”) area, known as the DFW Metroplex, is the fastest growing metropolitan area in the United States with a current population of 7,200,000.

East Broad Street, Mansfi eld, Texas

Property is strategically positioned across from the 168-bed, award-winning Methodist Mansfield Medical Center, permitting affiliated physicians to
freely move between the two locations

INVESTMENT HIGHLIGHTS

Stable, Long-Term Net Leased Health Care Investment

  • 12-year triple net lease with attractive annual fixed rent escalation of 2%
Strong Quality Tenant
  • Market-leading orthopedic practice with 19 physician partners and 125 staff employees
  • Strong demonstrated financial performance and revenue growth
  • Numerous award winning and renowned physicians with privileges at several leading area hospitals
  • Two Centers of Excellence – Joint Preservation Center and Texas Comprehensive Spine Center
  • Integrated orthopedic medical services with consultations, surgery, imaging and physical therapy related specialties
  • Arlington Orthopedic owns 49.9% of 24-bed Baylor Orthopedic and Spine Hospital at Arlington, strengthening its
    financial position and economic ties to its partner, Baylor Scott & White Health
 

PROPERTY DETAILS

LEASE :12-year lease with two 5-year renewal options

STRUCTURE: Triple Net Lease – expires in 2026

RENT ESCALATIONS: 2% annual rent increases

ARLINGTON ORTHOPEDIC ASSOCIATES

Arlington Orthopedic Associates is the largest independent practice providing comprehensive orthopedic care in the Mid-Cities, Texas area. Its 19 member physicians are board-certified and rank consistently among the top orthopedic specialists in the Dallas-Fort Worth Metroplex. Arlington Ortho physicians specialize in orthopedics and its related subspecialties in joint replacement, orthopedic surgery and sports medicine. The practice group incorporates the latest technologies to provide state-of-the-art medical care and diagnostic imaging at all of its locations.

Arlington Ortho is designated as a Center of Excellence for both joint preservation and spine care. The Texas Comprehensive Spine Center was founded in 2004 as a center of excellence within Arlington Ortho to meet the spine care needs of patients residing in the Dallas-Fort Worth Metroplex. The Joint Preservation Center at Arlington Ortho is one of only ten designated cartilage restoration centers in the United States.

MARKET OVERVIEW

The Dallas-Fort Worth (“DFW”) area, known as the DFW Metroplex, is the fastest growing metropolitan area in the United States with a current population of 7,200,000. The mild climate, abundance of companies with well-paying jobs and broad range of cultural, educational and recreational opportunities make DFW a choice location for individuals and companies alike.

ABOUT CAPITAL SQUARE

Capital Square 1031, LLC specializes in the creation and management of real estate investment programs for Section 1031 exchange investors and other investors using the Delaware Statutory Trust structure. Louis J. Rogers, founder and chief executive offi cer of Capital Square, has been involved in the creation and management of more than 100 investment offerings totaling over $3 billion, including DSTs, tenant-in-common offerings, numerous real estate funds, and multiple publicly registered non-traded real estate investment trusts.