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4040 Medical Park Dr - Pinnacle Dermatology 9,305 SF Health Care Building Offered at $4,650,000 at a 6.48% Cap Rate in Odessa, TX 79765
INVESTMENT HIGHLIGHTS
- Stable Cash Flow: Year 1 NOI of $301,358 with unlimited CPI escalations (2.00% floor).
- NNN Lease Structure: Minimal landlord responsibilities and predictable income.
- Long-Term Tenancy: Original owner/occupant since 2016 with over 5 years remaining on current lease term
- Healthcare Demand Drivers: Regional medical gravity, strong demographics, and growing outpatient care trends.
EXECUTIVE SUMMARY
Cushman & Wakefield’s Healthcare Capital Markets Team is pleased to present 4040 Medical Park Drive, a premier medical office investment opportunity in Odessa, Texas. This 9,305 SF outpatient facility is 100% leased to Pinnacle Dermatology, part of the QualDerm Partners family of practices with over 150 locations nationwide. Pinnacle’s triple-net lease runs through September 2031 with unlimited CPI annual escalations supported by a 2.00% floor.
PROPERTY FACTS
| Price | $4,650,000 | Property Type | Health Care |
| Price Per Bed | $4,650,000 | Building Size | 9,305 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 6.48% | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2016 |
| Price | $4,650,000 |
| Price Per Bed | $4,650,000 |
| Sale Type | Investment |
| Cap Rate | 6.48% |
| Sale Condition | Build to Suit |
| Property Type | Health Care |
| Building Size | 9,305 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2016 |
PROPERTY TAXES
| Parcel Number | R000210-086 | Improvements Assessment | $1,397,440 |
| Land Assessment | $130,680 | Total Assessment | $1,528,120 |
PROPERTY TAXES
Parcel Number
R000210-086
Land Assessment
$130,680
Improvements Assessment
$1,397,440
Total Assessment
$1,528,120
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4040 Medical Park Dr - Pinnacle Dermatology
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