Mark Whatley

Office for Sale
Catylist Listing ID: 30425578
Property Subtypes: Medical
Building Size (RSF): 14,750 SF
Gross Land Area: 1.70 SF
Sale Price: $3,250,000
Unit Price: $220.34 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 9.1%
Average Occupancy Rate: 100
Last Updated: 7/19/2019

Overview / Comments

Address 105 Zeid Blvd, Henderson, TX 75652
Building Area 14,750 SF
Lot Size 1.70 Acres
Year Built April 2005
Ownership Fee Simple
Zoning Commercial
Pricing $3,250,000
Annual Rent (NNN) $295,000 (effective August 2018)
Cap Rate 9.1%
Lease Structure NNN
Occupancy 100%
Tenants:
• Suite 105, 107 - Christus Trinity Clinic - 12,000 SF; 7/1/18 (Lease Start) - 60 months
• Suite 109 - Zeid's Women's Health Ctr - 2,750 SF; 8/1/18 (Lease Start) - 60 months

Additional Details

Nearest MSA: Longview
County: Rusk
Tax ID/APN: 63038
Zoning: COMMERCIAL
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,750 SF
Year Built: 2005
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,630 13,291 15,701
Median Age: 34.29 37.38 38.2
Households: 647 4,213 5,138

Contact

Photograph of Listing Agent

Mark Alan Whatley

Burns Commercial Properties GTAR Commercial Member
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