413B Us-59 Atlanta, TX 75551
DaVita-leased, 7.24% cap rate, strong NOI.
Overview
- Added:
- Jan 24
- Days on market:
- 94
Highlights
- $2,050,000 asking price for a 6,342 SF medical office building in Atlanta, TX.
- Net lease investment with a 7.24% cap rate and $148,446 NOI.
- 100% occupancy with DaVita as the tenant under a NNN lease with corporate guarantee.
- 15-year lease (originally commencing 02/15/2014) with 4.1 years remaining and two 5-year options, including 10% rent bumps every 5 years.
- Recently renovated with a new HVAC (August 2023) and roof (January 2025).
Property Details for 413B Us-59
- Property type
- Retail properties, Office properties
- Square Feet
- 6,342 SF
- Year Built/Renovated
- 2014/2029
- Lot Size (sq. ft)
- 37,462 SF
Location Insight
- City
- Atlanta
- County
- Cass
- State
- Texas
- Latitude
- 33.1229042
- Longitude
- -94.1800717
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - DaVita-leased, 7.24% cap rate, strong NOI.
- Where is the retail property located?
- The property is located at 413B Us-59 Atlanta, TX.
- What is the asking price?
- The asking price for this property is $2,050,000.
- What are key features of this property?
- This property features: $2,050,000 asking price for a 6,342 SF medical office building in Atlanta, TX.; Net lease investment with a 7.24% cap rate and $148,446 NOI.; 100% occupancy with DaVita as the tenant under a NNN lease with corporate guarantee.
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