208 Haley Rd - Medical FOR SALE


Johnson City, TX 78636
$825,000 USD
361-813-8571
208 Haley Rd, Johnson City, TX for Sale
$825,000 USD
Medical - FOR SALE
1/16
null | 7.79% Cap Rate

208 Haley Rd
Johnson City, TX 78636


HIGHLIGHTS

  • 100% leased to Baylor Scott & White Healthcare and Blanco County
  • Credit and government tenancy with scheduled rent increases in both leases
  • Priced below replacement cost for comparable office
  • Adjacent to a nursing home with shared parking - a built-in patient base
  • Stabilized medical/office investment in the growing Texas Hill Country

OVERVIEW

208 Haley Road is a 4,565 SF office/medical building in Johnson City, 100% leased to two tenants and producing about $64,300 in annual NOI. Baylor Scott & White Healthcare anchors the building on a NNN clinic lease (72% of the space); Blanco County holds the balance. Both leases carry scheduled increases. The clinic sits next to a nursing home and shares its parking lot — a built-in patient base for the medical use.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

7.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Office commercial medical

APN/PARCEL ID

R83569

ASK ABOUT THIS PROPERTY

David DurhamOutpost PartnersMore Info
361-813-8571

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David DurhamOutpost PartnersMore Info
361-813-8571

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