1002 Texas BlvdTexarkana, TX 75501

This exceptional value-add investment opportunity presents a 5-story, Class A, 82,380 square foot medical office building situated on a 5.92-acre lot in Texarkana, Texas. Currently at 46.21% occupancy, the property offers significant upside potential. The building, constructed in 2001, benefits from a prime location at 1002 Texas Blvd, just blocks from the Central Business District and directly adjacent to Wadley Regional Medical Center. The impending acquisition of Wadley Regional Medical Center by Christus Health, a major healthcare system with over 60 hospitals and 600 facilities, presents a substantial credit enhancement and significant growth opportunity for the property. The existing master lease is terminating, allowing for the negotiation of new leases with a diverse mix of established medical tenants, including The Women's Specialists, The Medical Specialists, Vitreo-Retinal Associates, Surgery Specialists, Texarkana Cardiology Association, Cardiology Specialists, Pathology, and Obstetrics & Gynecology. Texarkana's strategic location as a regional hub for commerce, healthcare, and transportation, coupled with its proximity to the TexAmericas Center, a top-ranked industrial park, further enhances the investment appeal. This property offers a rare chance to acquire a well-located medical office building below replacement cost in a thriving healthcare market with substantial potential for increased occupancy and rental income. The property's multi-tenant structure and the presence of established medical practices provide a strong foundation for future growth and profitability. The acquisition presents a compelling opportunity for investors seeking significant returns in a dynamic and expanding healthcare market.