Description
This is a prime opportunity to have a great Medical Office Building with an existing tenant about to start year 2 of a renewed 10 year NNN Lease, right in the heart of Tyler's Medical District, AND The Long Term Medical Tenant Plans on renewing per the Owner! It's in Great condition! All Expenses are the Tenants responsibility and the current Lease's Net Cap rate is apprx 5.5% with Bi Yearly increases!!
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0BEDS
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1.2ACRES
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0BATHS
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01/2 BATHS
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9,166SQFT
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$458$/SQFT
School Ratings & Info
Description
This is a prime opportunity to have a great Medical Office Building with an existing tenant about to start year 2 of a renewed 10 year NNN Lease, right in the heart of Tyler's Medical District, AND The Long Term Medical Tenant Plans on renewing per the Owner! It's in Great condition! All Expenses are the Tenants responsibility and the current Lease's Net Cap rate is apprx 5.5% with Bi Yearly increases!!
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-12-04T23:28:44.84.
Listing provided courtesy of Tony Foster of Better Homes & Gardens Real Estate I-20 Team: . Listing information © 2023 Greater Tyler Association of REALTORS® Multiple Listing Service.