Listed by SRS Real Estate Partners New York
$2,960,000
Total Point Urgent Care (Pioneer Dr)
Details
APN 21950000201
Property Type Retail
Sub Type Medical, Primary Care
Square Footage 2,646
Cap Rate 7.39%
NOI $218,875
Occupancy 100%
Tenancy Single
Brand/Tenant Total Point Urgent Care
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/01/2043
Remaining Term 17.4
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $1,119
Year Built 1982
Year Renovated 2023
Acreage 0.790
Zoning GC - General Commercial
Parking Spaces 38 spaces
Parking per 1,000 SqFt 14.36
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2023
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 | Surrounding Retailers | Excellent Visibility & Access
- Local Demographics 5-Mile Trade Area
- Abilene Named Flagship Site For $500B+ AI Infrastructure Project
Listing Contacts
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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