Berkadia Medical & Life Sciences is pleased to exclusively offer Holiday Hill Medical Arts Center (the “Property”), a new construction Class A multitenant outpatient medical facility in Midland, Texas. Built in 2021, the institutional-quality asset totals 30,875 square feet across two floors and is strategically located just five miles from Midland Memorial Hospital (261 beds) within Holiday Hill Village, a demographically attractive area of Midland benefiting from an affluent population and appealing healthcare demographics.

Currently 86% leased, the Property features a weighted average lease term (WALT) of 9.9 years to a complementary mix of high-caliber medical tenants. The first floor is occupied by a state-of-the-art ambulatory surgical center (ASC) with two operating rooms (ORs) specializing in pain management and minimally invasive surgery with an outpatient care component, Labcorp (S&P: BBB), and an orthodontic practice. The second floor is leased entirely by Coulon Dental, a preeminent regional multi-specialty dental practice, through December 2036. This diversified tenant roster features long remaining lease term with no rollover within the first six years, allowing an incoming owner to enjoy stable, growing cash flows.

Investors will benefit from the robust in-place WALT and 86% in-place occupancy, with value-creation available through lease-up of the remaining space, under 100% triple net lease structures with 2.7% average annual rent escalations.