NNN Imaging Center w/ New 10-Year Lease
$3,200,000
2019 Old Troup Highway, Tyler, TX 75701
For Sale
Office
Medical
Active
Last Updated: 05/27/2025
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 at www.FRE.com/506D13 with a starting bid of $3,200,000
Previous Asking Price: $4,160,000
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.
Investment Highlights:
Single-Tenant Triple-Net Leased Property
8% CAP at minimum bid
10-year lease in place expiring Feb '35
2% annual rent increases
Two (2) 5-year extensions
Location
Gallery
