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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13431487
13842123

1116 E N 10th St, Abilene, TX 79601

BR
NY 10491212709
SRS Real Estate Partners New York
KF
NY 10401281546, NJ 2441197
SRS Real Estate Partners New York
Listed by SRS Real Estate Partners New York
$2,960,000
455 days on market
Updated 42 days ago

Total Point Urgent Care (10th St)

Details
APN 63775000311
Property Type Retail
Sub Type Medical, Office
Square Footage 2,551
Net Rentable (SqFt) 29,708
Cap Rate 7.39%
NOI $218,875
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $1,160
Year Built 1999
Year Renovated 2023
Acreage 0.680
Zoning GR - General Retail
Parking Spaces 40 per 1,000 sq ft
Investment Type Net Lease
Ownership Fee Simple (Land & Building)

Absolute NNN Medical Asset Available in TX | 20 Year Lease | Annual Rent Escalations | Core Market

Marketing description

Investment highlights

  • Brand-New 20-Year Lease | Options To Extend | Strong Guarantee | 2% Annual Rental Increases | Fast Growing Operator
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Off Signalized, Hard Corner Intersection | Interstate 20 | Shopping Center Outparcel | Excellent Visibility & Access
  • Local Demographics 5-Mile Trade Area
  • Abilene Named Flagship Site For $500B+ AI Infrastructure Project

Listing Contacts

BR
NY 10491212709
SRS Real Estate Partners New York
KF
NY 10401281546, NJ 2441197
SRS Real Estate Partners New York
Listed by SRS Real Estate Partners New York

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$218,875.00
$18,239.58/mo

Valuation Metrics

0
DSCR
7.39%
Cap Rate
7.39%
ROI

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Additional Information

Name
Ryan Johnson
License
TX License No. 600324
Brokerage
SRS Real Estate Partners-Southwest, LLC
Title
Broker of Record
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