2% Annual Increases | National Credit TX Medical Office Medical Office / Hospital Property for Sale - Hallsville, 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: Absolute NNN Lease - 5+ Years Remaining on Current Term Low Price Point Single Tenant Medical Office National Credit Tenant - Christus Health has a Moody's A1 Rating Attractive 2% Annual Rental Increases Throughout Lease Strategic Location - Christus Recently Acquired Good Shepherd Hospital in Longview Location Benefits from Very Strong Referral Basis with Area Hospital Christus Targeted this Office as a Key Location for their Footprint

Built: 1980

Units: 1

Occupancy: 100%

The Property is For Sale

Asking Price: $1,048,800

Building Size: 5,679 SQ FT

Lot Size: 42689

Cost per Square Foot: $184.68

Cap Rate: 7.00%

NOI: $73,416.00