NNN Leased Healthcare Office Buildings
Offering Summary
- Sales Price $4,568,000
- Cap Rate 6.50%
- NOI $296,934
Investment Overview
Oldham Goodwin is pleased to present the Rock Prairie Professional Offices for your consideration. This three (3) tenant healthcare-oriented property is 100% occupied by long-term NNN leases and located in a booming medical corridor in College Station, TX. The property benefits from great visibly on Rock Prairie Road, and modern construction elements that create true curb appeal. The property is located in close proximity to CHI-St. Joseph Hospital and Baylor Scott and White Hospital, and offers great future upside due to below-market in-place rental rates.
Investment Highlights
- — 100% occupied by long term NNN leases with rent escalations
- — Located within College Station Medical corridor in close proximity to two major regional hospitals
- — Great visibly and access on major thoroughfare Rock Prairie Road, in high growth corridor
- — Modern architecture creates great curb appeal
- — Below market rental rates offer great future upside
- — Great demographics in immediate area, easily accessible via several major thoroughfares
