Access Medical Center (Urgent Care)

Lease & Location:

• EARLY FIVE-YEAR RENEWAL – In connection with the recent lease assignment, the tenant executed an early five-year renewal, increasing the remaining lease term from approximately 3.6 years to 8.6 years. The extension enhances income durability and materially reduces near-term rollover risk.
• GOLDMAN SACHS ALTERNATIVES – Backed Operating Platform: Xpress Wellness was acquired by Goldman Sachs Alternatives in 2024, aligning the location with an institutionally sponsored healthcare platform focused on expanding access to urgent care and related services.
• TWO CORPORATE GUARANTEES – The assigned lease is backed by two corporate guarantees from Thunder Intermediate, LLC and Nextcare, Inc.
• ZERO LANDLORD RESPONSIBILITIES – The lease features an absolute NNN lease with zero landlord responsibilities.
• ANNUAL INCREASES – The lease features 2% annual increases.
• STRATEGIC LOCATION – Located near Sam’s Club and Walmart Supercenter.
• OKLAHOMA CITY MSA – The city is seeing rapid economic growth with a metro product of $76.8 Billion according to Forbes.
• STRONG HEALTHCARE SYNERGY – Located within 7 miles to Mercy Hospital Oklahoma City, SSM Health St. Anthony Hospital, Midwest Regional Medical Center, and Oklahoma Children’s Hospital providing access to affordable and quick care.
• STRONG POPULATION GROWTH RATE – The population growth rate within a 1-mile radius is estimated to be 6.8%.
• TINKER AIR FORCE BASE – Located right next to Tinker Air Force Base which has a $7.5 billion impact on the community.
• HIGHER EDUCATION – The community has access to Oklahoma City University, University of Oklahoma, Rose State College, and more.
• STRONG DEMOGRAPHICS – 480,000+ residents live within a 10-mile radius from the practice.
• NEARBY NATIONAL TENANTS – Sam’s Club, Walmart Supercenter, Walmart Neighborhood Market, Lowes, Best Buy, Kohls, PetSmart, ULTA, Walgreens, 7- Eleven, Cash Saver Grocery Store, Family Dollar, McDonald’s, Papa Johns, Arby’s, and many more.

Tenant:

• STRATEGIC ACQUISITION & EXPANSION – In May 2024, Goldman Sachs (NYSE: GS) acquired Xpress Wellness Urgent Care to support continued growth across existing and new geographic markets while expanding access to high-quality urgent care and select specialty services.
• GLOBAL RESOURCES & GROWTH PLATFORM – Xpress Wellness Urgent Care will leverage Goldman Sachs’ global network and resources to further develop existing markets, expand into new geographies, and build out additional adjacent healthcare services.
• LEADING GLOBAL ALTERNATIVE ASSET MANAGER – Goldman Sachs is a leading global investor in alternatives, with more than $450 billion in assets and over 30 years of experience across private equity, growth equity, private credit, real estate, infrastructure, hedge funds, and sustainability.
• NEXTCARE URGENT CARE – Top rated urgent care with over 170 locations.
• STRONG PATIENT REVIEW – This practice received 4.5 stars out of 5 stars with over 1,352 reviews.
• INTEGRIS HEALTH NETWORK – Participant in the INTEGRIS Health Network, the largest health care system in Oklahoma and which provides the practice with additional business support.
• HOURS OF OPERATION – This site is open Monday-Sunday between 8AM-8PM.