SWK Jackson
$7,000,000
5101 North Jackson Road, McAllen, TX 78504
For Sale
Special Purpose
Active
Last Updated: 09/02/2023
9.11
Cap Rate
637,980
NOI
Details:
Cap Rate: 9.11%
NOI: $637,980
Building Size: 30,863 sqft
Lot Area: 7.72 acres
Occupancy: 100%
Year Built: 2006
Price Per Sqft: $226.80
Zoning: C1
Floors: 1
Year Last Renovated: 2020
Roof: Metal
HVAC: Central
CeilingHeight: 12
Highlights:
- tenant is a federal government funded corporation
- Absolute NNN lease
Description:
The building is located in a prime commercial area adjacent to major hospitals. Previous use was a long term acute care hospital which has been converted as a school/shelter. The tenant is a national corporation concessionary and funded by the federal government. Absolute NNN lease with 4 years remainder and extensions at market rate
Documents:
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Offering_Memorandum-_Shelter.pdf
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Location
Gallery
