1304 Linda Dr - Health Care FOR SALE


Daingerfield, TX 75638
$2,208,150 USD
312-279-5342
1304 Linda Dr, Daingerfield, TX for Sale
$2,208,150 USD
Health Care - FOR SALE
1/5
null | 8.11% Cap Rate

1304 Linda Dr
Daingerfield, TX 75638


HIGHLIGHTS

  • 15+ Years Remaining | Options To Extend | Scheduled 1.75% Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Strong Frontage On Linda Dr (10,400 VPD) | Local Connectivity
  • Primary Commercial Corridor | Proximity To Community Anchors

OVERVIEW

• The lease carries over 15 years of primary term remaining and includes four (4) additional five-year renewal options, underscoring long-term commitment to the site and delivering sustainable income • Scheduled 1.75% annual rental increases throughout the primary term and options ensure predictable NOI growth and provide a hedge against inflation • No landlord responsibilities make this an ideal, management-free investment for a passive investor in a state with no state income tax • Positioned with excellent frontage and accessibility along Linda Dr (10,400 VPD), the property benefits from high local visibility and ease of ingress/egress • Just minutes from TX-11 (13,500 VPD), a key local artery, the site commands connectivity from all directions, enhancing its convenience for customers and supporting tenant operations

FOR SALE DETAILS

PRICE

$2,208,150 USD

PRICE/SF

$736 USD /SF

CAP RATE

8.11%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Total Point Urgent Care | 15+ Yrs on Abs NNN

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

Light Industrial

APN/PARCEL ID

R008867

ASK ABOUT THIS PROPERTY

Dan ElliotSRS Real Estate PartnersMore Info
312-279-5342

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Dan ElliotSRS Real Estate PartnersMore Info
312-279-5342

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