413B Us-59Atlanta, TX 75551

Property Details for 413B Us-59

Year built

2014

Lot size

0.86 AC

Property size (Sq ft)

6,342 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 6,342 square foot medical office building in Atlanta, Texas, currently 100% occupied by a credit-rated DaVita dialysis clinic under a Net Lease agreement. The property, built in 2014 and boasting a 4-star Medicare rating, features a 4.1-year remaining lease term with two, 5-year renewal options, each including a 10% rent increase. The tenant, a corporate guarantor, has significantly expanded operations since the initial lease commencement on February 15, 2014, increasing stations from 7 to 12 (with a 13th reserved), and expanding shifts from one to two, maintaining hours from 5:45 AM to 4:30 PM, Monday through Saturday. Recent capital improvements include a new HVAC unit (August 2023) and a new roof (January 2025). The property sits on a 0.86-acre lot and generates a strong Net Operating Income (NOI) of $148,446, resulting in an attractive 7.24% cap rate. The asking price is $2,050,000. This fee-simple ownership offers a stable, high-performing investment with significant upside potential. The property's address is 413B US-59, Atlanta, TX 75551. The APN is 767909.

Location Insight

City

Atlanta

County

Cass

State

Texas

Latitude

33.1229

Longitude

-94.1801

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].