Live Oak, TX - HIll Country Would Care

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Hill Country Wound Care Vascular and Hyperbarics investment property located in Live Oak, Texas. The tenant, Hill Country, Inc has over 7 years remaining on the lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features rare 2.5% rental increases annually throughout the initial term and throughout
the term of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

The Hill Country Wound Care Vascular and Hyperbarics is located near the signalized, hard corner intersection of Toepperwein Rd and Judson Rd with a combined
(18,960+ VPD). Toepperwein Road is the major retail thoroughfare serving the city of Live Oak. The Hill Country asset is in walking distance to Methodist Hospital Northeast (237+ Beds), Toepperwein Medical Center, and a New Methodist Hospital Outpatient Surgery anchored Center. Other nearby national/credit tenants featured include Circle K, Davita, Concentra Urgent Care, Whataburger, Arby’s, and more . The property is in the heart of a primary medical corridor with other nearby medical tenants including a U.S. Renal Care, Toepperwein Medical Center, Methodist Hospital Northeast (237+ Beds) and more, further increasing traffic to the site. The 5-mile trade area is supported by a population of over 263,237 with an average household income of $89,930.