1621 Main Street
Providence Village, TX 76227
Action Behavior Center (the "Property") is prominently located at the northwest quadrant of Main Street and Fishtrap Road in the fast-growing community of Providence Village, Texas. The Property benefits from excellent visibility and access to the US Highway 380 corridor and is part of a new mixed-use development adjacent to a 7-Eleven and surrounded by planned medical office and retail pads, which will further enhance its long-term value and tenant synergy.
Comprising approximately 8,050 square feet in a single-tenant building, the Property is leased to Action Behavior Centers Therapy, LLC under a new 10-year NNN lease. The lease includes 2.5% annual rental increases and two (2) five-year renewal options with continued escalations, providing investors with predictable, long-term income growth. Construction is expected to be completed by Q1 2026, with the tenant commencing operations thereafter.
This offering represents an opportunity to acquire a brand-new, purpose-built healthcare facility leased to a nationally expanding tenant with a strong credit profile, structured under a highly favorable NNN lease.
Long-Term Net Lease to a National Healthcare Operator: Brand-new 10-year NNN lease to Action Behavior Centers (ABC), one of the nation’s fastest-growing ABA therapy providers, offering investors secure, passive income with minimal landlord responsibilities.
Institutionally Backed, Healthcare-Tenant Credit: ABC is backed by Charlesbank Capital Partners and operates under The Aspen Group, one of the largest integrated healthcare platforms in the U.S., with 200+ locations and continued national expansion.
High-Barrier Location Within a Master-Planned Development: Positioned at the Northwest Corner of Main Street and Fishtrap Road, the property sits within a new mixed-use project anchored by a high-performing 7-Eleven, with planned retail and medical office pads that will further support tenant traffic and long-term viability.
2.5% Annual Rent Escalations: Rare annual rental increases provide built-in inflation protection and consistent NOI growth—escalating throughout both the base term and two (2) five-year renewal options.
Demand-Driven Demographics in a Booming Growth Corridor: Located in Denton County, one of the fastest-growing areas in Texas, with over 81,000 residents within 5 miles and average household incomes exceeding $104,000. The area continues to see strong in-migration and retail service demand.
Purpose-Built Healthcare Construction: The 8,050 SF building is being constructed to ABC’s latest prototype standards, including an adjacent outdoor play area, efficient clinical layout, and high-quality modern finishes—ensuring long-term functional relevance and reduced tenant turnover risk.
Strategic Fit for STNL and Healthcare Investors: Ideal for private and institutional buyers targeting healthcare-aligned retail and STNL assets in tax-advantaged, high-growth Sun Belt markets.
5950 Berkshire Lane, Suite 700, Dallas, Texas 75225