3401 FM 3009 - Medical FOR SALE


Schertz, TX 78154
$2,991,000 USD
480-221-4221
3401 FM 3009, Schertz, TX for Sale
$2,991,000 USD
Medical - FOR SALE
1/9
null | 6.5% Cap Rate

3401 FM 3009
Schertz, TX 78154


HIGHLIGHTS

  • 100% Occupied Brand New 10-Year Leases With Options To Extend
  • NNN Leases & Fee Simple Ownership Means Minimal Landlord Responsibilities
  • Retail Corridor With Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, multi-tenant investment property located in Schertz, Texas. The tenants, Schertz Dental Group and Schertz Oral Surgery recently signed brand new 10-year leases with 2 (5-year) options to extend, demonstrating their commitment to the site. The leases feature flat rent throughout the initial term and fair market value increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The leases are NNN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,991,000 USD

PRICE/SF

$508 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

NBHD

APN/PARCEL ID

1G1274-1001-00100-0-00

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.