3328 University - Medical FOR SALE


Nacogdoches, TX 75965
$2,705,000 USD
214-252-1031
3328 University, Nacogdoches, TX for Sale
$2,705,000 USD
Medical - FOR SALE
1/4
null | 6% Cap Rate

3328 University
Nacogdoches, TX 75965


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Priced Below Replacement Cost
  • Corporate NNN Lease w/Annual Rental Escalations

OVERVIEW

Strong Corporate Guarantee – Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company with over 100,000 employees, 6,000 physician partners, and reached $20.548 Billion in 2023 revenue. The network includes 52 hospitals, 535 ambulatory surgery centers and surgical hospitals, as well as approximately 160 additional outpatient centers and other sites of care Priced Below Replacement Cost – At a price of $338 PSF, this asset is offered significantly below the average cost to replace a medical office building which is approximately $451 PSF (Source: Autodesk Construction Cloud) Corporate NNN Lease with Annual Rental Escalations – Allows an investor the opportunity to acquire a NNN asset with limited responsibilities while the annual rental increases provide a strong hedge against inflation High Quality 2022 Construction on Oversized 1.95 Acre Pad – Features excellent visibility and accessibility with unparalleled ingress/egress and a large surface lot providing for ample patient parking accommodations Below Market Asking Rent – Average medical office asking rent in Nacogdoches, TX is $24.64 PSF while this location’s current rent is $20.28 PSF (Source: Costar Analytics) Strategically Located Between Nacogdoches Medical Center and Nacogdoches Memorial Hospital – The two acute care hospitals which serve the greater Nacogdoches area offer a broad range of medical services

FOR SALE DETAILS

PRICE

$2,705,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tenet Healthcare

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

-

APN/PARCEL ID

202637

ASK ABOUT THIS PROPERTY

Jared AubreyCBREMore Info
214-252-1031

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Jared AubreyCBREMore Info
214-252-1031

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