1900 S Washington Ave
Marshall, TX 75670
Broadmoor Medical and Dental Plaza · Office Property For Sale

Synergistic Tenant Mix – The Property offers a mix of primarily medical and dental tenants, and one professional tenant. The tenant makeup includes a dermatologist, a pediatric dental group, a general dentist, an orthodontic group, and a national wealth management company. NNN Leases with Attractive Increases – Each lease under the Property provides full reimbursement for all operating expenses incurred by the Landlord, allowing for a truly passive investment. Of the five (5) leases, three (3) provide annual rental escalations of 2.00%, while the remaining two (2) offering varied escalations during renewal options. Newly Signed Long-Term Leases – Three (3) of the five (5) tenants have agreed to enter brand new fifteen (15) year leases at close, which comprises 67% of the Property. Upon acquisition, the Property will be 90% occupied with an average remaining term of 10.77 Years. Recent Construction – The Property was built in 2013 offering high-grade construction in excellent condition. With new construction, the probability of necessary structural repairs is minimal. Income Tax-Free State – The state of Texas is one of nine U.S. states that do not impose taxes against personal income.