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Elitecare Emergency Hospital Leases Medical Office Space At Victory Lakes Town Center

Property Image
LEASED
Nick Ramsey
Kevin Sims
Walker Pennington

Texas

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Medical Office6,500 SF
Leased 04/29/2024
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Property Image
LEASED

Elitecare Emergency Hospital Leases Medical Office Space At Victory Lakes Town Center

2860 South Gulf Freeway

See Similar Deals
Medical Office6,500 SF
Leased 04/29/2024
Nick Ramsey
Kevin Sims
Walker Pennington
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:6,500 SF
Transaction Type:Lease

The medical office space located at 2860 South Gulf Freeway in League City has been leased by Elitecare Emergency Hospital, covering an area of 6,500 square feet. The property is situated in the Victory Lakes Town Center and the transaction was facilitated by NewQuest Properties.

Summary of transaction details:

The deal was brought to completion with Kevin Sims and Nick Ramsey of NewQuest Properties representing the landlord, while Walker Pennington of CBRE acted as the tenant's representative.

Players

Kevin Sims
NewQuest Properties
Kevin Sims
14 deals
BROKER
Nick Ramsey
NewQuest Properties
Nick Ramsey
10 deals
BROKER
Walker Pennington
JLL
Walker Pennington
1 deal(713) 577-3861
BROKER

Details

LEASED
IMAGE: Walker Pennington, Kevin Sims & Nick Ramsey DATE: 04/29/2024 ADDRESS: 2860 South Gulf Freeway MARKET: League City ASSET TYPE: Medical Office ~ SF: 6,500 TENANT: Elitecare Emergency Hospital (@Elitecare24er) LANDLORD'S REP: Kevin Sims & Nick Ramsey - NewQuest Properties (@NQ_Properties) TENANT'S REP: Walker Pennington - CBRE (@CBRE) NOTE: Elitecare Emergency Hospital has secured a 6,500-square-foot medical office space at Victory Lakes Town Center in League City, leasing from NewQuest Properties. The transaction was facilitated by Kevin Sims and Nick Ramsey of NewQuest Properties representing the landlord, with Walker Pennington of CBRE representing the tenant.

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Deal Type
Effective Rent (Annual)

$372,576.08

Total Lease Value

$3,725,760.78

Net Landlord Cash Flow$372,576.08