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9525 Greenville Avenue

Updated Sep 16, 2025

Robert Lee Of HPA Exchange Acquires Hospital At 9525 Greenville Avenue In Dallas
SOLDHospital

Robert Lee Of HPA Exchange Acquires Hospital At 9525 Greenville Avenue In Dallas

9525 Greenville Avenue

Building Size

86,880 SF

Asset Type

Hospital

Closing

Sep 9, 2025

About this deal

AI

The hospital asset involved in this transaction includes an 86,880-square-foot facility located at 9525 Greenville Avenue in Dallas, occupying 3.64 acres. The property is fully leased to and operated by Nexus Dallas Children’s Hospital under an absolute triple net lease. The facility has a current capacity of 30 beds and was renovated in 2022, with an option to expand to 60 beds. This transaction confirms the hospital's operational stability, supported by a guarantee from Nexus Health Systems.

Summary of transaction details:

  • Property Type: Hospital
  • Transaction Amount: Not disclosed
  • Address: 9525 Greenville Avenue
  • Market: Dallas
  • Square Footage: 86,880
  • Acres: 3.64
  • Buyer: Robert Lee
  • Buyer's Company: HPA Exchange

Robert Lee, representing HPA Exchange, facilitated the acquisition of the hospital property, emphasizing the strategic importance of securing a long-term tenant like Nexus Dallas Children’s Hospital, which operates under a robust lease structure. This transaction showcases the commitment to healthcare infrastructure investment in the Dallas market.

Players

Robert Lee

HPA Exchange

Buyer

1 deal

Buyer
HPA Exchange
HPA ExchangeBuyer

Dallas Hospital Market Snapshot

Boundary boundary · Hospital · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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