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1604 14th St
Brownwood, TX 76801
Zeal-to-Heal Family Med & Urgent Care Clinic · Office Property For Sale
Investment Highlights
- 10 Year Absolute NNN Lease with Corporate Guarantee
- The tenant will have five (5) additional five-year renewal options, potentially extending the investment horizon to 35 years of occupancy.
- Brownwood maintains a stable workforce and regional service economy supporting long-term healthcare demand.
- The lease will include 2% annual rental increases, creating built-in income growth and inflation protection over the lease term.
- Texas is one of the fastest-growing states, which continues to drive strong demand for healthcare services and outpatient medical facilities.
Executive Summary
AiCRE Partners is pleased to present the opportunity to purchase the medical office property located at 1604 14th Street in Brownwood, Texas. The subject property is occupied by Zeal to Heal Family Med & Urgent Care and is backed by a corporate guarantee, offering prospective ownership stable and secure tenancy.
The property is improved with a well-maintained medical office building designed to accommodate urgent care and family medicine services, providing functional layout, patient accessibility, and ample parking. The asset benefits from its positioning within an established medical and retail corridor, serving the surrounding residential population and daytime workforce.
Strategically located along 14th Street, a primary east-west thoroughfare in Brownwood, the property enjoys strong visibility, convenient ingress/egress, and consistent traffic counts. The site is in close proximity to key healthcare providers, national retailers, and community amenities, making it a highly accessible destination for patients and staff alike. Brownwood serves as a regional hub for healthcare and commerce in Central Texas, drawing from a broad trade area. The combination of a corporate-backed tenant, essential medical use, and strategic location positions this offering as an attractive opportunity for investors seeking stable, service-oriented tenancy.
The property is improved with a well-maintained medical office building designed to accommodate urgent care and family medicine services, providing functional layout, patient accessibility, and ample parking. The asset benefits from its positioning within an established medical and retail corridor, serving the surrounding residential population and daytime workforce.
Strategically located along 14th Street, a primary east-west thoroughfare in Brownwood, the property enjoys strong visibility, convenient ingress/egress, and consistent traffic counts. The site is in close proximity to key healthcare providers, national retailers, and community amenities, making it a highly accessible destination for patients and staff alike. Brownwood serves as a regional hub for healthcare and commerce in Central Texas, drawing from a broad trade area. The combination of a corporate-backed tenant, essential medical use, and strategic location positions this offering as an attractive opportunity for investors seeking stable, service-oriented tenancy.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,203 SF
Building Class
B
Year Built
2008
Price
$1,815,696
Price Per SF
$432
Cap Rate
6.25%
NOI
$113,481
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,203 SF
Building FAR
0.23
Lot Size
0.41 AC
Parking
20 Spaces (4.76 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Reception
- Storage Space
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
- Recessed Lighting
- Secure Storage
- Shower Facilities
- Air Conditioning
Property Taxes
| Parcel Number | 20004805 | Improvements Assessment | $555,950 |
| Land Assessment | $5,940 | Total Assessment | $561,890 |
Property Taxes
Parcel Number
20004805
Land Assessment
$5,940
Improvements Assessment
$555,950
Total Assessment
$561,890
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