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Marketing Description
Trinity REIS is pleased to present the rare opportunity to acquire a Medical Office Building with Investment Grade Credit that features 2% annual rental increases. Mother Frances Regional Health Care Center is a subsidiary of Christus Health, which features a Moody's A-1 Rating. The signed an NNN lease that has over 5 years remaining on the current term.
The Subject Property is located along S Central Street in Hallsville, Texas directly across the street from Hallsville Family Dentistry. The Subject Property serves as the main family medicine practice for the city of Hallsville, which has a population around 4,000 people. The site is situated directly off the main street through town, which also connects Longview and Marshall, Texas.
Hallsville is a bedroom community of Longview, Texas.
Investment Highlights
- NNN Lease - 5+ Years Remaining on Current Term
- Low Price Point Single Tenant Medical Office
- National Credit Tenant - Christus Health has a Moody's A1 Rating
- Attractive 2% Annual Rental Increases Throughout Lease
- Strategic Location - Christus Recently Acquired Good Shepherd Hospital in Longview
- Location Benefits from Very Strong Referral Basis with Area Hospital
- Christus Targeted this Office as a Key Location for their Footprint
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