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NNN Imaging Center w/ New 10-Year Lease

$3,200,000

2019 Old Troup Highway, Tyler, TX 75701

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Last Updated: 03/06/2025

8

Cap Rate

8,200 sqft

Building Size

Details:
Cap Rate:    8%
Building Size:    8,200 sqft
Lot Area:    0.22 acres
Lease Type:    Triple Net
Year Built:    2024
Highlights:
  • Single-Tenant Triple-Net Leased Property
  • 8.1% CAP at minimum bid
  • 10-year lease in place expiring Feb '35
  • 2% annual rent increases
  • Two (2) 5-year extensions
  • Prime location situated along the retail corridor of Troup Highway and Loop 323
  • Ample parking for patients and staff
  • New 2024 Construction
  • Close proximity to UT Health Tyler, HealthSouth Rehab Hospital of Tyler, and the University of Texas Tyler Campus
Description:

This property is listed for sale via online auction. For additional property-specific information visit FRE.com/506D13

Trophy investment opportunity in Tyler, Texas. Known as the medical hub for East Texas, Tyler is a rapidly growing market with state-of-the-art medical facilities, an expanding industry, and a growing population. Tyler's healthcare industry has an annual economic impact of $1.2 billion.

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