620 E San Patricio Ave | Mathis, TX 78368
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620 E San Patricio Ave
Mathis, TX 78368
SMILEPOINT DENTAL GROUP · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Smilepoint Dental Group, based in Houston, TX, is a rapidly expanding DSO with 25+ offices across Texas and New Mexico
- This deal is offered at an 8.25% cap rate – rare to find with a brand new 10-year term leased to a proven regional operator
- Specialized Use | DSO Tenancy | Resistant Asset Class
- This deal features a brand new 10-year lease executed at closing. The lease feature 3 x 5 year options to extend, and 2% annual increases
- NNN Leases with Minimal Landlord Responsibilities
- H-E-B Shadow Anchored | Ideal Main Road Location | High Visibility
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
2,600 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,600 SF
Building FAR
0.17
Lot Size
0.35 AC
Parking
8 Spaces (3.08 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 50683 | Improvements Assessment | $578,724 |
| Land Assessment | $30,845 | Total Assessment | $609,569 |
PROPERTY TAXES
Parcel Number
50683
Land Assessment
$30,845
Improvements Assessment
$578,724
Total Assessment
$609,569
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