817-259-3542
601 Fall Creek Hwy, Granbury, TX for Sale
Medical - FOR SALE
1/1
null | Request Cap Rate

601 Fall Creek Hwy
Granbury, TX 76049


HIGHLIGHTS

  • Growing population with 19% growth since 2020.
  • Average household income is at $96K.
  • Additional land for potential property expansion.
  • Popular destination for tourists and new residents seeking small-town charm.
  • Granbury, TX is located 35 miles southwest of Fort Worth.
  • Granbury offers access to DFW, a major market.

OVERVIEW

Transwestern has been exclusively retained by the owner to offer qualified investors an opportunity to purchase Fall Creek Medical Plaza (the “Property”). The property at 601 Fall Creek Highway in Granbury, Texas, is a fully leased 16,464 SF medical office building. This single-tenant facility is 100% leased by Granbury Hospital Corporation (part of Community Health Systems/Lakeside Physicians), offering long-term stability through a NNN lease, which provides passive income for investors. The property also features excess land for potential expansion and a large parking ratio of 7.5 spaces per 1,000 SF, totaling 124 parking spaces. The building was built for the tenant in 2008 on 4.99 acres which was ground leased from the tenant for 50 years with two 25-year extension options. The ground lease expense is passed through as CAM.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Fall Creek Medical Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

124

LAND DETAILS

LAND ACRES

4.99 AC

LAND SF

217,408 SF

ZONING

-

APN/PARCEL ID

R000100374

ASK ABOUT THIS PROPERTY

Jim SagerTranswestern Real Estate ServicesMore Info
817-259-3542

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Jim SagerTranswestern Real Estate ServicesMore Info
817-259-3542

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