706 Eureka St - Medical FOR SALE


Weatherford, TX 76086
$4,065,000 USD
312-342-4495
706 Eureka St, Weatherford, TX for Sale
$4,065,000 USD
Medical - FOR SALE
1/4
null | 6.85% Cap Rate

706 Eureka St
Weatherford, TX 76086


HIGHLIGHTS

  • 11,601 total square feet, three-property portfolio, 100% occupied by Parker County OB/GYN Associates, PLLC
  • New 5-year sale-leaseback with one, three-year option to renew
  • Lease guaranteed by Parker County OB/GYN Associates, PLLC, a member of United Women’s Healthcare, the largest network of women’s healthcare specialist
  • On-campus location adjacent to HCA-owned Medical City Weatherford Hospital
  • New physician joining the practice in August of 2025
  • Over 8,000 individual patients seen over last 12 months

OVERVIEW

Physician Real Estate Capital Advisors, LLC has been retained as the exclusive advisor related to the sale-leaseback of a three-property portfolio 100% occupied by Parker County OB/GYN Associates, PLLC. At closing, Parker County OB/GYN Associates, PLLC will execute a new 5- year NNN lease with one, three-year option to renew. The tenant, founded in 2007, includes four physicians and is a member of United Women’s Healthcare, the largest network of women’s healthcare specialists in the United States. A fifth physician will be joining the practice in August of 2025. Over the last 12 months, the practice has seen over 8,000 individual patients. The portfolio is strategically located on the campus of the Medical City Weatherford Hospital, a full-service acute care hospital licensed for 103 beds. The hospital is part of an HCA owned network of 19 hospitals in North Texas.

FOR SALE DETAILS

PRICE

$4,065,000 USD

PRICE/SF

$892 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,980 SF

ZONING

-

APN/PARCEL ID

R000094752

ASK ABOUT THIS PROPERTY

Scott NiedergangPhysician Real Estate Capital Advisors, LLCMore Info
312-342-4495

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Scott NiedergangPhysician Real Estate Capital Advisors, LLCMore Info
312-342-4495

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