Sold: Best-Med Urgent Care Clinic

 

HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a single-tenant net-leased urgent care clinic located in Casper, WY. The building was fully renovated in 2022 and is 100% leased and occupied by BestMed Urgent Care.

BestMed Urgent Care, which has more than 30 locations throughout Oregon, Washington, Montana, Wyoming, Colorado, and Texas, is partnered with Community Care Physicians and is PE-backed by Shoreline Capital Partners.  Shoreline has made over 400 investments over the last 11 years, raising approximately $1.3B in capital for healthcare businesses.

The newly re-purposed facility is strategically located less than one (1) mile east of the Banner Wyoming Medical Center, a 226-bed acute care hospital, which is a part of the Banner Health network. Banner Wyoming Medical Center is the largest hospital in Wyoming with two campuses and 14 primary, specialty and immediate care clinics.  As a regional trauma and referral center, Banner Wyoming Medical Center serves 11 Wyoming counties with more than 250,000 people by providing comprehensive heart, stroke and trauma care.  


Sale Highlights

  • Renovation-To-Suit Construction for BestMed Urgent care

  • Corporate Guaranty by CCP Holdings, LLC (90+ Units)

  • Long Term NNN Lease w/ 2.0% Annual Increases

  • Represented 1031-Exchange – All-Cash Buyer


Representative Transactions

 
 

Seasoned Team

 
News 2024Jantzen Gongon