1289 University Dr E - Medical FOR SALE


College Station, TX 77840
$2,962,930 USD
515-783-6589
1289 University Dr E, College Station, TX for Sale
$2,962,930 USD
Medical - FOR SALE
1/8
null | 7.5% Cap Rate

1289 University Dr E
College Station, TX 77840


HIGHLIGHTS

  • Corporate-backed Leasehold with Xpress Wellness Urgent Care
  • Goldman Sachs Backing – Xpress Wellness is supported by one of the world’s largest investment firms.
  • Prime Century Square Location (43,500+ VPD) near Texas A&M

OVERVIEW

Premier Net Lease (Leasehold) Medical Asset Featuring Integrity Urgent Care, a High-Performing Urgent Care Chain with over 70 Locations, Backed by a Corporate Guarantee. Located within the Highly Trafficked Century Square Development near Texas A&M University, this 5,000 SF Facility Sits on a 1.15-Acre Parcel with Zero Landlord Responsibilities. The Lease Includes 2.5% Annual Increases, Providing Long-Term Income Growth. Ideal for Passive Investors Seeking Durable Cash Flow in a Tax-Free State.

FOR SALE DETAILS

PRICE

$2,962,930 USD

PRICE/SF

$593 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C

APN/PARCEL ID

441841

ASK ABOUT THIS PROPERTY

Brooke CarrAiCRE PartnersMore Info
515-783-6589

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Brooke CarrAiCRE PartnersMore Info
515-783-6589

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.