Berkadia Medical & Life Sciences is pleased to exclusively offer Gateway Medical Center (the “Property”), a Class A outpatient medical building totaling 66,606 square feet in the Las Colinas submarket of Irving, Texas. Built in 2019, Gateway Medical Center is currently 89.5% occupied and anchored by UT Southwestern, which leases 52.5% of the building and serves as the Property’s clear institutional centerpiece.
 
UT Southwestern is an internationally recognized academic medical center and part of The University of Texas System, one of the largest and most established public university systems in the country with an S&P credit rating of AAA, underscoring the exceptional financial strength behind the tenancy. Occupying more than a full floor at the Property, UT Southwestern offers an extensive range of high-acuity specialties including orthopaedics & sports medicine, spine, digestive & liver disease, internal medicine, OB/GYN, and maternal-fetal medicine. Additional uses include a four-OR ambulatory surgery center, imaging, and infusion therapy.

The Property offers investors stable in-place cash flow through a 5.7-year weighted average lease term with no rollover within the first three years, 100% triple net lease structure, and contractual rent escalations. Gateway Medical Center presents a rare opportunity to acquire a state-of-the-art, Class A, outpatient medical asset backed by institutional-quality tenancy in one of the nation’s largest and fastest-growing metropolitan areas.