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
Dallas Hospital Market Snapshot
Boundary boundary · Hospital · Sale transactions
Loading comparables…
Deal FAQ
Browse Dallas hospital sales on Traded.
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