Total Point Urgent Care | Absolute NNN Lease | FOR SALE
$2,317,520
2312 West 7th Avenue, Corsicana, TX 75110
For Sale
Retail
Active
Last Updated: 09/24/2024
7.5
Cap Rate
4,830 sqft
Building Size
Details:
Cap Rate: 7.5%
Building Size: 4,830 sqft
Lot Area: 0.46 acres
Lease Type: Absolute Net
Year Built: 1986
Highlights:
- 16+ years remaining on an initial 20 year lease
- Annual rent increases: Attractive 1.75% annual increases
- Absolute NNN lease - Zero landlord responsibilities
- Strategic site selection: 2.5 miles from Navarro Regional Hospital & Navarro College
- Nearby National tenants: In proximity to H-E-B, Big Lots, ALDI, and more
- Corsicana is located approximately 57-miles south from Dallas
- Recession and Pandemic Resistant Investment: Essential Healthcare Services have demonstrated resilience in recession and pandemic environment
- Located in Dallas MSA: Corsicana provides easy access to all the major markets in Texas including the Dallas-Fort Worth Metroplex, Houston and Waco. A 2016 Forbes Magazine article titled “America’s Next Boom Towns”
- No state income tax free: Located in Dallas MSA, Texas enjoys no income tax, strengthening security of investment
Documents:
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Offering Memorandum
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