11559 Leopard St - Medical FOR SALE
Corpus Christi, TX 78410 |
11559 Leopard St
Corpus Christi, TX 78410
HIGHLIGHTS
- Medical Sale Leaseback – Operator will be signing a brand new 15-year lease at close of escrow
- Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease
- E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face
- 2% Annual Rental Increases – The lease will feature a staggering 2.00% annual increase that will serve as inflation protection
OVERVIEW
• Ideal Single Tenant Format Formation – Subject property is strategically situated in the immediate proximity of a strong lineup of retail properties and residences
• Nearby Businesses/Housing – Taco Bell, McDonald’s, Woodland Creek Apartments, Churchill Square Apartments and may more
• Close Proximity to Flint Hill Resources – Flint Hill operates on a 115-acre site that offers petroleum products, gasoline, diesel fuels, jet fuels and other oil products, as well as other chemicals
• Tax-Free State – Texas has zero income tax for real estate investments
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
The Doctors Center Urgent Care - Absolute NNN
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
3482
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.27 AC AC
LAND SF
98,881 SF
ZONING
-
APN/PARCEL ID
200066562
