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620 E San Patricio Ave
Mathis, TX 78368

$756,364 USD

Medical For Sale  •  1,346 SF

Property Details

  • Property Type Medical
  • Total Building Size 2,600 SF
  • Lot Size 0.37 AC
  • Building Class A
  • Year Built 1993
  • Cap Rate 8.25 %
  • Tenancy Single
0 Transit Score
63 Walk Score

Highlights

Smilepoint Dental Group, based in Houston, TX, is a rapidly expanding DSO with 25+ offices across Texas and New Mexico
This deal features a brand new 10-year lease executed at closing. The lease feature 3 x 5 year options to extend, and 2% annual increases
This deal is offered at an 8.25% cap rate – rare to find with a brand new 10-year term leased to a proven regional operator
NNN Leases with Minimal Landlord Responsibilities
Specialized Use | DSO Tenancy | Resistant Asset Class
H-E-B Shadow Anchored | Ideal Main Road Location | High Visibility

Property Flyers

Cap Rate: 8.25 %

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Corpus Christi International 41 min - 35.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Antonio Diona 818-923-6366 Matthews Real Estate Investment Services
Antonio Diona 818-923-6366 Matthews Real Estate Investment Services