GHP Hospital Odessa
Portfolio Overview
GHP Hospital Odessa is a short-stay surgical hospital and outpatient surgery center located in Odessa, TX (the “Property” or “Facility”). The Property is being offered for sale or for lease on an exclusive basis to qualified buyers or tenant(s).
The Property is situated on an entire city block and is currently vacant and available for immediate occupancy.
Built in 2009, the state-of-the-art surgical hospital is comprised of approximately 44,000 square feet and consists of four (4) Operating Rooms and fourteen (14) private inpatient rooms. The design and layout of the building provides the flexibility for a multi-tenancy layout with separate dedicated entrances, as well as the ability to add a 3rd floor, which was contemplated in the original design and construction of the building.
Portfolio Highlights
Non-Disclosure Agreement
Investment Highlights
STATE-OF-THE-ART FACILITY
The Hospital consists of 14 licensed beds, four (4) operational operating rooms, 12 pre-op bays and 12 PACU bays.
STRONG TRADE AREA DEMOGRAPHICS
The Hospital is supported by strong trade area demographics, with the median household income in the Odessa MSA exceeding $75,000, which is 6% higher than Texas.\
BUILT-TO-SUIT
GHP Hospital Odessa was designed and built as an inpatient and outpatient surgical hospital for the physician-owners. The original design included the ability to add a 3rd floor to accommodate future growth.
CENTER FOR OIL & GAS INDUSTRY
Odessa serves as a center for the oil and gas industry, which accounts for 9.7% of the Odessa MSA payroll employment, exceeding the 2.3% average in Texas. This includes agriculture, mining, quarrying, and oil and gas extraction.
ESTABLISHED POPULATION BASE
The Odessa, TX metro has an estimated population of 172,000 residents, which has grown by an average of 2% annually since the 2020 census.
STRONG HEALTHCARE PRESENCE IN THE REGION
Odessa and the overall MSA are supported by a strong healthcare presence with the Medical Center Health System and Odessa Regional Medical Center (a Steward Family Hospital) as top employers in the region.
LARGE CATCHMENT AREA
As an acute-care surgical hospital, the healthcare providers cared for a large population base, exceeding 500,000 residents and spanning approximately 100 miles.
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