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Location: Plano, TX
Sales Price: $18,200,000
Size: 75,422 SF
Sale Date: Sep 18, 2013

Description: LifeCare Hospitals of Plano is a long-term acute care hospital located in Plano, Texas. This single-tenant net-leased asset is located within the Dallas-Fort Worth Metroplex, the economic and cultural hub of the region with a population of over 6.5 million people. The fee-simple hospital is occupied and operated by LifeCare Hospitals, a regionally diversified long-term acute care provider with a network that includes 27 locations in 10 states, making LifeCare the third largest operator of specialty post-acute care hospitals in the United States. The Building was constructed in 1987 and consists of three-stories totaling approximately 75,442 square feet. Currently, the Building has 66 licensed beds with the ability to expand by an additional 34 licensed beds on the third floor. In addition to patient rooms, the Building has a gymnasium, office areas, full service kitchen, cafeteria, X-ray room, therapy room, exam rooms, general store, pharmacy, nurses stations on all floors, and administrative offices.