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Investment Highlights
- 10,584 ± SF commercial medical / multi-use building
- First floor fully plumbed for medical or healthcare use
- LL extended the lease with Optum 7,951 SF at $27.00 PSF 3 year term
- Situated on 1.58 acres of prime real estate
- Second floor configured for professional office space
Executive Summary
Property Facts
Amenities
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Optum began in 2011 after being formed by UnitedHealth Group to consolidate various health services. The company operates through three main divisions: OptumHealth, OptumInsight, and OptumRx. These units provide a range of services including data analytics, pharmacy care management, and direct healthcare delivery. Over time, Optum has expanded its capabilities through partnerships and acquisitions in the healthcare technology sector. The company serves multiple segments including employers, government agencies, and health plans. Through its various branches, Optum aims to improve healthcare operations and patient outcomes.
WellMed began in 1990 as a single clinic built around proactive, preventive care for older adults. The company now operates as a health care delivery organization with a physician-led model that focuses on primary care, coordinated services, and strong patient relationships. Its business includes medical group care, management service functions, and delegated services for Medicare Advantage plans, along with specialties such as cardiology, podiatry, dermatology, rheumatology, neurology, palliative care, wound care, and hospital medicine. WellMed serves patients across Texas and Florida and also supports seniors and caregivers through a charitable foundation.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Health Care and Social Assistance | - | - | - | ||
|
Health Care and Social Assistance | - | - | - |
Property Taxes
| Parcel Number | U-11-32-19-ZZZ-000001-77890.1 | Improvements Assessment | $3,381,071 CAD |
| Land Assessment | $139 CAD | Total Assessment | $3,381,210 CAD |
Property Taxes
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772 Cortaro Dr
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