708 Corsicana StAthens, TX 75751

This exceptional investment opportunity presents a 3,303 square foot Class A medical office building in Athens, Texas, fully occupied by a credit-rated Total Point Urgent Care under an absolute NNN lease. The property boasts a strong 7.60% cap rate and a substantial $249,900 net operating income (NOI). The 20-year lease, commencing July 2, 2023, includes four 5-year renewal options, ensuring long-term stability and predictable cash flow. The tenant, backed by a corporate guarantee, enjoys a prime location on E Corsicana Street, near Athens High School and other major retailers. The building, constructed in 2023, features 53 parking spaces and sits on a 0.63-acre lot. Annual rent increases of 2% further enhance the investment's value. This single-tenant, stabilized investment is ideal for 1031 exchange buyers seeking a low-competition market with significant growth potential. The property benefits from its location in a thriving downtown area and the presence of local and state incentives for property and business owners. The tenant's strong financial backing and the recently completed renovations minimize potential capital expenditures for the new owner. This is a turnkey investment offering a secure, passive income stream with significant upside potential.