Price $5,800,000 | Built/Renov 2003/2016 | Tenant Baylor Scott & White Surgicare |
Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corporate |
Size/SF
12,284
| Lease Start
10-01-2016
| #Units
800
|
Price/SF $472.16 | Expiration
09-30-2026
| Tenant Type Medical/Health |
NOI $377,289 | R. Term 2.9 | Ownership Fee Simple |
Rent/SF
$30.71
| Increases 2.0%/1/yrs | Pop 5Mi 105,703 |
Lot/AC 1.20 | Options 1/10yrs/2% | AHHI 5Mi $142,009 |
| |
Baylor Scott & White is strategically positioned at the signalized, hard corner intersection of W. Yellow Jacket Lane and Greencrest Blvd. The subject property is in close proximity to a Walmart Supercenter anchored center, contributing to the commercial density of the area. Other well-known national retailers nearby include Target, Lowe's, Home Depot, Kroger, Costco, Dick's Sporting Goods,...
...Signalized intersection
Near major nationals
Dense 100M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Long operation history
Favorable NN+ lease
Annual rent increases
Corporate Guarantee
Baylor Scott & White Health is the largest non-profit healthcare system in Texas, and one of the largest in the country. The company handles over 7.8 million patient encounters annually, and has...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]