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2108 W Washington St
Stephenville, TX 76401
SUREPOINT EMERGENCY CENTER · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Extremely Passive Investment – This long-term single tenant healthcare investment features a landlord friendly lease structure ideal for out of state
  • Rental Increases – 5% increases every 3 years provide a potential investor a great hedge against inflation
  • E-Commerce Resistant Tenant – Healthcare operators aren’t prone to the same competition that many retail tenants face

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,572 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.61 AC
Zoning
Commercial
Frontage
73’ on W Washington St

ABOUT 2108 W WASHINGTON ST , STEPHENVILLE, TX 76401

INVESTMENT HIGHLIGHTS Location Highlights Ideal ER Location – Subject property is strategically situated in the immediate proximity of a strong lineup of retail properties and walking distance away from Tarleton State University which had a fall 2019 enrollment of 13,226 students High Growth Market – In the past 5 years the population grew 24.21% and is expected to grow another 6.07% by 2025 in a 5-mile radius Surrounding Retailers – Surrounding retailers include Pizza Hut, Dairy Queen, McDonald’s, Subway, Walgreens, CVS, Domino’s Pizza, Sherwin Williams, Enterprise Rent-A-Car, O’Reilly Auto Parts, Walmart Supercenter and many more Tax-Free State – Texas has zero income tax for real estate investments Tenant Highlights Company Footprint – Surepoint is a modern state of the art medical facility that is open 24/7. The company has grown to be a recognized and trusted medical care facility company with over 10 facilities

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000030381
Land Assessment
$212,160
Improvements Assessment
$3,129,890
Total Assessment
$3,342,050
  • Listing ID: 19329125

  • Date on Market: 4/24/2020

  • Last Updated:

  • Address: 2108 W Washington St, Stephenville, TX 76401

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