investment sale - medical...property description. property overview. this is a single tenant...
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SALE PRICE: $1,250,000
CAP RATE: 6.7%
NOI: $83,811
BUILDING SIZE: 4,415sf
YEAR BUILT: 2008
TENANT:Dr. Dhiman Basu, MDLease Backed by Texas Health Resources
LANDLORD RESPONSIBILITIES: NNN
INVESTMENT SALE - MEDICAL
Matt Matthews Moore MatthewsDirector Managing DirectorO 817-328-1183 O [email protected] [email protected]
Property Description
Property OverviewThis is a single tenant investment opportunity with a strong credit, medical tenant in place with the backing of Texas Health Resources which is one of the largest health care companies in the country. Well cared for building constructed in 2008 and ideally located minutes away from State Hwy 121.
Demographics• Daytime Population: 68,409• 2018 Population: 84,989 (3 miles)• Average Household Income:
$151,389• Median Age: 43.2• Estimate Per Capita Income: $56,424• Households: 34,049• Projected Growth 2017-2022 : 8.7%
Market OverviewThis market is centrally located betweenDallas and Fort Worth and only 10minutes from the DFW InternationalAirport. This property is close to strongretail including an abundance ofrestaurants, retail and entertainmentwhich attracts thousands of people intothis area and why it continues to be anideal area for both homeowners andbusinesses.
PROPERTY INFORMATION
Property Details• Location: 5009 Heritage, Colleyville, Tx • Medical Office Building • Strong Credit Tenant• NNN Lease• Low Maintenance Building• Strong Demographics
INTERIOR PHOTOS
INTERIOR PHOTOS
Tenant: Heritage Rheumatology & Arthritis Care
”Our goal at Heritage Rheumatology and Arthritis Care is to diagnose and treat musculoskeletal, connective tissue and rheumatic conditions early to help decrease further joint damage and control your symptoms. Our comprehensive and personalized services are focused on restoring mobility to help you regain your active lifestyle.”
Primary Physician: Dhiman Basu, MD Dr. Basu is board-Dr. Basu is board-certified and fellowship-trained in Rheumatology. He brings more than a decade of clinical and research experience to Heritage Rheumatology and Arthritis Care. Dr. Basu received his medical degree from Calcutta National Medical College in India before coming to the United States. He completed his internal medicine residency training at The University of Texas Health Science Center at Houston. He then went on to complete his rheumatology fellowship training through the University of Michigan Health System in Ann Arbor.
Tenant Profile
“Improving the health of the people in the communities we serve”
ABOUT COLLEYVILLE AND AREAWhy Choose Colleyville?
Primary Trade Area Density is 4,000+ Incomes $100,000+
Money Magazine named Colleyville to its list of “100 Best Towns in America”
“laid-back friendly atmosphere coupled with destination shopping and
sophistication”
CONFIDENTIALITY AND DISCLAIMER
