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3001 Spur 124
Tyler, TX 75707
SUNSHINE PEDIATRIC DAY CENTER | 8% | 15 YR · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • This lease features above-market, 3.50% annual rent increases, providing a major cash flow boost and equity appreciation tool
  • The lease agreement will feature a joint and several corporate guarantee backstopped by all currently operating Sunshine locations along with a PG
  • The primary focus is addressing the medical, developmental, physical, nutritional, and social requirements of children
  • This building features an Absolute NNN lease with zero landlord responsibilities
  • The center is strategically located within two miles of not only CHRISTUS Trinity Mother Frances Hospital (518 beds) and UT Health Tyler (317 beds)

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.11
Lot Size
0.83 AC
Zoning
M1
Parking
15 Spaces (3.75 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-50000-1438-00-002010
Land Assessment
$63,271
Improvements Assessment
$639,669
Total Assessment
$702,940
  • Listing ID: 32172700

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 3001 Spur 124, Tyler, TX 75707

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