1322 Paluxy Rd - Medical FOR SALE


Granbury, TX 76048
$2,676,000 USD
602-687-6694
1322 Paluxy Rd, Granbury, TX for Sale
$2,676,000 USD
Medical - FOR SALE
1/4
null | 7.25% Cap Rate

1322 Paluxy Rd
Granbury, TX 76048


HIGHLIGHTS

  • 9+ Years Remaining on Lease Term with Corporate Guaranty
  • 3% Annual Rental Increases with Multiple Renewal Options
  • Adjacent to Lake Granbury Medical Center, a 73-Bed Hospital Serving the Residents of Hood, Erath, and Somervell Counties
  • Lakeside Physicians Operates Out of 25 Offices in Granbury, Glen Rose, and Stephenville
  • Located in the Dallas/Fort Worth MSA with 58,969 Residents within a 5-Mile Radius
  • Growing Trade Area - Households and Population Projected to Increase 5% in the Surrounding Area Over the Next 5 Years

OVERVIEW

Lakeside Physicians serves the Texas communities of Granbury, Glen Rose, Stephenville, and all surrounding areas. With 24 offices, Lakeside Physicians offer a wide range of services, including Cardiology, Family Medicine, OB/GYN, Orthopedic Surgery, Pediatrics, and Primary Care. Per the Lakeside Physicians website, Hood Medical Group has four locations. Lakeside Physicians is an affiliated physician practice of Lake Granbury Medical Center. Granbury is a city in and the county seat of Hood County, Texas, home to nearly 11,000 residents and part of the Dallas/Fort Worth (DFW) Metroplex. Granbury offers lower operations costs and property tax rates compared to other cities in the DFW metro.

FOR SALE DETAILS

PRICE

$2,676,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hood Medical Group

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

R000037170

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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