Carter Validus Mission Critical REIT, Inc. announced today that it acquired the Houston Surgery Center property in Houston, TX for a purchase price of $4,700,000.
The property has 14,000 square feet situated on 1.4 acres of land. It is 100% leased to Northwest Surgery Center, Ltd. under a long-term triple net lease with 14 years remaining. Northwest Surgery Center Ltd. is an affiliate of one of the largest for-profit hospital companies in the U.S., operating approximately 50 hospitals in 10 states.
John Carter, CEO of Carter Validus Mission Critical REIT stated, “We are pleased to align Mission Critical REIT with such a high quality, well regarded healthcare organization as we continue to grow our portfolio of mission critical assets.”