Christus Health Medical Office - 2% Annual Increases Medical Office / Hospital Property for Sale - Longview, Texas

Trinity REIS is pleased to present the rare opportunity to acquire an Medical Office Building with Investment Grade Credit that features 2% annual rental increases. Mother Frances Regional Health Care Center is a subsidiary of Christus Health, which features a Moody's A-1 Rating. The signed an absolute NNN lease that has over 5 years remaining on the current term.

Key Points: Medical Office Building - Absolute NNN Lease - Longview, TX National Credit Tenant - Christus Health has a Moody's A1 Rating Rental Increases Throughout Lease - Attractive 2% Annual Rental Increases Strategic Location - Christus Recently Acquired Good Shepherd Hospital (3 Miles from Subject Property) 80,000+ Residents within 5 Miles of Property Christus Targeted this Office as a Key Location - Strong Referral Basis High Quality Brick/Stone Construction

Built: 2007

Occupancy: 100%

The Property is For Sale

Asking Price: $1,848,000

Building Size: 7,137 SQ FT

Lot Size: 57935

Cost per Square Foot: $258.93

Cap Rate: 6.75%

NOI: $124,740.00