About This Restaurant
Investment Highlights
MORTENSON DENTAL PARTNERS | NEW 1O YR NNN LEASE JULY 2023 | INCREASED RENT UPON EXTENSION NNN PASSIVE LEASE STRUCTURE | IDEAL FOR 1031 EXCHANGE | 140+ UNIT OPEARTOR | CORPORATE GUARANTY | NEW 10 YEAR LEASE DSO TENANT | HIGH BUILT OUT COSTS | SPECIALITY FACILITY 2% ANNUAL RENTAL INCREASES | BOOST IN CASH FLOW OVER LIFE OF INVESTMENT | PROTECTION AGAINST INFLATION 4 DOCTOR SPECIALITY FACILITY | HIGH PRODUCTION LOCATION HIGHLY DESIREABLE LOCAIONT | STRONG VISIBILYT AND ACCESS | LONG TERM OPERATING HISTORY
Executive Summary
Broker of RecordKyle MatthewsLicense No. 9005919 (TX)(866) 889-0550Matthews Real Estate Investment Services, Inc8300 Douglas Ave.,Ste. 750, Dallas, TX 75225
Property Details
- Sale Type Investment
- Property Type Office
- Property Subtype Medical Medical General Retail Drugstore General Retail Fast Food General Retail Freestanding Medical
- Building Size 3,721
- Building Class C
- Year Built/Renovated 1985/2000
- Price 795,578
- Price Per SF 214
- Cap Rate 6.50
- NOI 51,713
- Tenancy Single
- Building Height 1 Story
- Typical Floor Size 3,721
- Building FAR 0.21
- Land Acres 0.41 AC
Property Taxes
| Parcel Number | R-044-9200-5215-0 | Improvements Assessment | $53,478 |
| Land Assessment | $391,179 | Total Assessment | $444,657 |
| Date Created: | 2024-07-16 04:23:45 | Last Updated: | 2024-07-16 04:23:45 |
| Address: | 3630 SW 45th , Amarillo, Texas, 79109 | ||