1623 Rivery Blvd - Medical FOR SALE


Georgetown, TX 78628- Georgetown-Leander
$1,485,000 USD
512-750-5587
1623 Rivery Blvd, Georgetown, TX for Sale
$1,485,000 USD
Medical - FOR SALE
1/7
null | 6.4% Cap Rate

1623 Rivery Blvd
Georgetown, TX 78628
Georgetown-Leander


HIGHLIGHTS

  • Close proximity to I-35

OVERVIEW

• Free standing 3,071 sq ft building on Rivery Blvd • Fantastic location with the Rivery Development and Williams Drive • Sale Lease Back: • Tenant: Republic Spine and Pain • RSP started business in 2010 • Lease originated: 1/1/22 • Lease expiration: 1/31/36 • Base rent starting 1/1/26: $7878.56 plus NNN • 3% annual increases in base rent • Landlord responsible for roof, structure and parking lot

FOR SALE DETAILS

PRICE

$1,485,000 USD

PRICE/SF

$495 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

C-1

APN/PARCEL ID

R504515

ASK ABOUT THIS PROPERTY

Brian NovyThe Novy CompanyMore Info
512-750-5587

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Brian NovyThe Novy CompanyMore Info
512-750-5587

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