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1318 Paluxy Rd 4,896 SF Office Building Granbury, TX 76048 $1,600,000 ($326.80/SF) 9% Cap Rate
Investment Highlights
- Established Medical Office in the Hospital District
- Long-Term Tennant, Positive Monthly Income, Great ROI
- Located Next to County Hospital
Executive Summary
Location, Location, Location! This established medical building is located across a driveway from the Lake Granbury Hospital! Current medical practice- tenant is remaining as a tenant. There is an executed lease with NNN until 2029. The building is in excellent condition and has been maintained well. Large parking lot, large lot on 0.83 acres . If you have been looking for a commercial property with a large cap rate, this might be it! 9% cap rate with NNN included! Financials available upon request. Qualified buyers only. Contact agent with any and all inquiries.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,896 SF
Building Class
B
Year Built
1986
Price
$1,600,000
Price Per SF
$326.80
Cap Rate
9%
NOI
$144,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,896 SF
Building FAR
0.13
Lot Size
0.83 AC
Zoning
LC - Commercial, Medical
Amenities
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
Lakeside Physicians operates as a healthcare provider in Texas with multiple specialties. The organization offers services across various medical fields including family medicine, cardiology, and orthopedic surgery. Their facilities provide both primary care and specialized treatments. The group maintains a presence in the Texas healthcare market through various clinic locations. Lakeside Physicians serves patients through different service lines while focusing on comprehensive medical care in the region.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Health Care and Social Assistance | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R000037169 | Improvements Assessment | $387,310 |
| Land Assessment | $90,710 | Total Assessment | $478,020 |
Property Taxes
Parcel Number
R000037169
Land Assessment
$90,710
Improvements Assessment
$387,310
Total Assessment
$478,020
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1318 Paluxy Rd
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