620 E San Patricio Ave - Medical FOR SALE
Mathis, TX 78368 |
620 E San Patricio Ave
Mathis, TX 78368
HIGHLIGHTS
- Smilepoint Dental Group, based in Houston, TX, is a rapidly expanding DSO with 25+ offices across Texas and New Mexico
- This deal features a brand new 10-year lease executed at closing. The lease feature 3 x 5 year options to extend, and 2% annual increases
- This deal is offered at an 8.25% cap rate – rare to find with a brand new 10-year term leased to a proven regional operator
- NNN Leases with Minimal Landlord Responsibilities
- Specialized Use | DSO Tenancy | Resistant Asset Class
- H-E-B Shadow Anchored | Ideal Main Road Location | High Visibility
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
SMILEPOINT DENTAL GROUP
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Convenience Store, Fast Food, Freestanding
TOTAL BUILDING SIZE
2600
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.35 AC AC
LAND SF
15,300 SF
ZONING
-
APN/PARCEL ID
50683
