
NNN Medical Investment Property - 2615 W 24th Street
2615 W 24th Street, Plainview, TX 79072
Marketing description
This NNN-leased dental office investment generates $114,000 in annual net operating income, offering a first year 8% cap rate backed by an established dental operator in Plainview, Texas, with convenient access to I-27. The property is located in a strong service corridor near Plainview ISD, Covenant Hospital, a childcare center, and the Plainview baseball and football stadiums, supporting consistent daily traffic and long-term demand.
Surrounded by local retail, medical, and community-driven destinations, the property benefits from steady consumer activity and strong area fundamentals. Recent and planned facade improvements further enhance curb appeal and long-term value.
The dental practice has operated at this location for five years and currently operates three practice locations. The tenant has recently executed a new seven-year lease with two (5-year) renewal options, providing long-term stability. The company is financially stable with continued growth.
Investment highlights
- Strategically located near I-27
- Proximity to Medical, Schools and Recreational Anchors
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