6340 N Beach St - Medical FOR SALE


Haltom City, TX 76137
$7,788,000 USD
929-229-2614
6340 N Beach St, Haltom City, TX for Sale
$7,788,000 USD
Medical - FOR SALE
1/5
null | 6.25% Cap Rate

6340 N Beach St
Haltom City, TX 76137


HIGHLIGHTS

  • Brand-New 20-Year Lease | Options To Extend | Strong Guarantee | 2% Annual Rental Increases | Fast Growing Operator
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Off Signalized, Hard Corner Intersection | Haltom High School |Fossil Ridge High School | I-820 | Excellent Visibility & Access
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Brand-new 20-year lease with options to extend, demonstrating their long-term commitment to the site • The lease is guaranteed by Rocinate Equity Inc., dba Elysian Capital, a UK based private equity firm, seeking companies with aspirational management who are open to unlock their full potential • There are 2% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation • Newly redeveloped urgent care facility offering imaging services such as on-site x-rays and labs • Total Point is a rapidly growing medical service provider with urgent cares, imaging, emergency rooms and hospitals across Texas and Arizona

FOR SALE DETAILS

PRICE

$7,788,000 USD

PRICE/SF

$1,332 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Total Point Urgent Care | New 10yr Abs NNN

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C-2

APN/PARCEL ID

07011229

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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