Investment Opportunity Professional/Medical Office

Office for Sale
Catylist Listing ID: 30568831
Property Subtypes: Medical, Net Leased, Office Building
Building Size (RSF): 2,115 SF
Gross Land Area: 1.37 Acres
Sale Price: $280,000
Unit Price: $132.39 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 8.31%
Last Updated: 9/16/2020

Overview / Comments

Investment opportunity with NNN Lease Medical Tenant
100% occupied
Built in 1995
Renovated with above “Building Standard” finishes
Located in The Woods development on beautiful wooded lot
Ample parking
Across from UT Tyler with easy access from University Ave. via private drive off Woods Blvd.

Additional Details

Nearest MSA: Tyler
County: Smith
Taxing Authority: SCAD
Tax ID/APN: 150000144104001000
Property Visibility: Good
Highway Access: Easy access to Loop 323
Year Built: 1995
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,783 46,237 104,214
Median Age: 35.4 34.69 34.18
Households: 2,468 18,345 40,441


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