AMBULATORY SURGERY CENTER · GRAPEVINE, TEXAS
Baylor Surgicare at Grapevine
A 16,220 square foot ambulatory surgery center acquired by New Era Companies in Grapevine, Texas — operated by Baylor Surgicare in partnership with United Surgical Partners.
Total SF
Leased
Asset Class
The Project
A joint-venture surgery center on the Baylor Grapevine campus.
Baylor Surgicare at Grapevine is a single-story, 16,220 square foot ambulatory surgery center acquired by New Era Companies, located adjacent to Baylor Scott & White Medical Plaza in Grapevine, Texas. The facility is operated as a joint venture between Baylor Scott & White Health and United Surgical Partners International, one of the largest ASC owners in the country.
The center provides outpatient surgical services to patients across Grapevine and the surrounding northeast Tarrant County market, complementing the medical office building on the same healthcare campus.
Project Details
Asset Class
Ambulatory Surgery Center (ASC)
Location
Grapevine, Texas
Building Size
16,220 SF
Stories
1-Story
Site Area
3.37 Acres
Parking Spaces
110
Year Built
2001
New Era Role
Acquisition · Capital Partner
Anchor Tenant
Baylor Surgicare
The Facility
Project Location
Grapevine, Texas
2020 W State Hwy 114
Grapevine, TX 76051
New Era’s Role
Acquisition. Capital Partner. Long-Term Hold.
New Era identified, underwrote, and acquired the 16,220 square foot ambulatory surgery center — leased to Baylor Surgicare at Grapevine, a joint venture between Baylor Scott & White Health and United Surgical Partners International.
Acquisition
New Era identified, underwrote, and acquired the 16,220 square foot ambulatory surgery center — leased to Baylor Surgicare at Grapevine, a joint venture between Baylor Scott & White Health and United Surgical Partners International.
Capital Partner
New Era structured and raised the capital through its investor network. The asset was acquired fully occupied with a long-term lease in place — providing stable, predictable returns for New Era investors.
Delivered
A fully leased, 16,220 square foot ambulatory surgery center operated by Baylor Surgicare at Grapevine — a stable long-term hold asset within the New Era portfolio.