2828 Cottonwood LnTemple, TX 76502

Property Details for 2828 Cottonwood Ln

Year built

1999

Lot size

0.92 AC

Property size (Sq ft)

11,336 SF

Property type

Commercial real estate

APN

198211

APU

198211

Description

This exceptional single-tenant medical office building, located at 2828 Cottonwood Lane in Temple, Texas, presents a compelling investment opportunity. The property boasts 11,336 square feet situated on one story, currently operating at 100% occupancy under a Net Lease (NN) agreement. The asking price is $1,490,000, translating to a price per square foot of $131.44. The building's strong performance is reflected in its impressive Net Operating Income (NOI) of $125,235, yielding a robust 8.41% capitalization rate. This Class C property is ideally suited for investors seeking a stable, high-return investment in the thriving Temple, Texas market. The property's single-tenant structure minimizes management complexities and ensures consistent cash flow. Its location in Bell County, Texas, zip code 76502, offers convenient access to key transportation routes and a growing patient base. This is a rare opportunity to acquire a well-performing medical office building with significant upside potential. The property is currently fully leased, providing immediate income generation and a secure investment. Detailed financial information is available upon request.

Location Insight

City

Temple

County

Bell

State

Texas

Latitude

31.0748

Longitude

-97.383

CBSA code

28660

CBSA name

KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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