2019 Old Troup Hwy - Medical FOR SALE
Tyler, TX 75701 |
$3,200,000 USD
949-706-6118
2019 Old Troup Hwy
Tyler, TX 75701
HIGHLIGHTS
- Newly constructed single tenant, 8,229 square feet medical office
- Recently executed lease with nearly 9 years of remaining term
- Built in rental escalations provide stable and predictable income growth
- Ample parking for patients and staff situated along the retail corridor of Troup Highway and Loop 323
- Proximity to UT Health Tyler, the University of Texas at Tyler campus, and HealthSound Rehab Hospital of Tyler
- Tyler is a rapidly growing market with state-of-the-art medical facilities, expanding industry, and growing population
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$389 USD /SF
CAP RATE
8.17%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Single-Tenant NNN Medical Imaging Center
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.22 AC
LAND SF
9,583 SF
ZONING
C-1
APN/PARCEL ID
-
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949-706-6118
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949-706-6118
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