JLL is pleased to present investors with the rare opportunity to purchase a state-of-the-art long-term care facility with an absolute net lease backed by the highly credit-worthy Methodist Health Systems. Completed in 2020, the facility is situated in the rapidly growing Dallas suburb of DeSoto and is well located to serve discharges from the four Methodist Health Systems hospitals within 15 miles of the facility.
- Methodist Health Systems is a $1.7 billion system. Moody’s Investors Services affirmed an Aa3 rating for the system on February 27, 2020.
- The 15-year lease is absolute net to the lessor and includes annual rent increases of 2%. The lease includes two five-year extensions.
- The 100-bed facility is equipped with the advanced technologies and specialized resources to care for high-acuity patients, as well as those with multiple illnesses, injuries, pulmonary conditions, or rehabilitative issues.