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5016 Gilmer Rd
Longview, TX 75604
Precision Spine Care · Office Property For Sale
Investment Highlights
- Precision Spine Care — 8 locations across Texas and Georgia; established regional operator
- NNN lease structure minimizing landlord responsibilities and expense volatility
- Tenant invested approximately $1.3M reflecting long-term dedication to the site
- Both leases have 10+ years remaining term with predictable cash flow visibility
- 3% annual rental escalations delivering consistent year-over-year cash flow growth
- Texas — no personal income tax; led the nation in net domestic migration in 2024
Executive Summary
Broker Of Record
Patrick Graham
Matthews Real Estate Investment Services, Inc
528005, 9005919 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550
Patrick Graham
Matthews Real Estate Investment Services, Inc
528005, 9005919 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,857 SF
Building Class
C
Year Built
2006
Price
$7,257,793
Price Per SF
$523.76
Cap Rate
6.75%
NOI
$489,901
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
13,857 SF
Building FAR
0.09
Lot Size
3.43 AC
Zoning
Office - Commercial
Property Taxes
| Parcel Number | 26664 | Improvements Assessment | $2,676,030 |
| Land Assessment | $36,360 | Total Assessment | $2,712,390 |
Property Taxes
Parcel Number
26664
Land Assessment
$36,360
Improvements Assessment
$2,676,030
Total Assessment
$2,712,390
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