| Price $5,485,000 | Built/Renov 2021 | Tenant CenterWell Senior Primary Care |
| Cap Rate 6.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
13,502
| Lease Start
10-01-2021
| #Units
140
|
| Price/SF $406.24 | Expiration
09-30-2031
| Tenant Type Medical/Health |
| NOI $329,091 | R. Term 7.4 | Ownership Fee Simple |
| Rent/SF
$24.37
| Increases 10.0%/2/yrs | Pop 5Mi 162,719 |
| Lot/AC 1.69 | Options 4/5yrs/10% | AHHI 5Mi $65,696 |
| | |
CenterWell is strategically located at the signalized, hard corner intersection of Central Blvd. and Boca Chica Blvd., with access to a combined daily traffic count of 43,566 vehicles. The property is located just half a mile away from Valley Baptist Medical Center, which features 243 beds. In the vicinity, there are well-known national retailers such as H-E-B, Walgreens, Dollar General,...
...Signalized intersection
Hard corner intersection
Near major nationals
Strategically located
Dense 100M+ pop 5 mi
Major MSA
Income tax free state
Favorable NN+ lease
Traded and rated company
Investment grade tenant
CenterWell Senior Primary (Centerwell) is a network of one-stop doctor’s offices that offer complete care for Medicare and Medicare Advantage patients, with a focus on senior primary care. Each...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 12,733 | 87,148 | 164,521 |
| 2023 Total Population : | 12,826 | 86,363 | 163,363 |
| 2023 Employed Civilian Pop : | 4,838 | 33,282 | 63,903 |
| 2023 Total Businesses : | 518 | 3,493 | 4,698 |
| 2023 Average Household Income : | $ 60,117 | $ 61,090 | $ 65,643 |
| 2023 Total Consumer Spending : | $ 246 M | $ 1573 M | $ 3034 M |
| 2023 Median Age : | 36 | 33 | 32 |
| 2023 Total Households : | 4,613 | 29,085 | 52,216 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,369 | 8,296 | 16,472 |
| 2023 Average Home Value : | $ 153,506 | $ 142,518 | $ 144,253 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Boca Chica Boulevard | Central Blvd | 2022 | 17,064 | 0.02 mi |
| Central Boulevard | Boca Chica Blvd | 2020 | 19,784 | 0.03 mi |
| Central Boulevard | Boca Chica Blvd | 2022 | 22,123 | 0.03 mi |
| Boca Chica Boulevard | Brownfield Rd | 2020 | 12,139 | 0.05 mi |
| Boca Chica Boulevard | Brownfield Rd | 2022 | 16,000 | 0.05 mi |
| Central Boulevard | Boca Chica Blvd | 2022 | 22,826 | 0.05 mi |
| Central Boulevard | Boca Chica Blvd | 2020 | 18,620 | 0.05 mi |
| Boca Chica Blvd | Brownfield Rd | 2014 | 14,472 | 0.09 mi |
| Central Blvd | Stovall Rd | 2000 | 24,000 | 0.34 mi |
| Lakeside Blvd | W Madison St | 2014 | 3,597 | 0.38 mi |
Brookfield, WI
Cap Rate 6.00%
Lease Double NN
R. Term 9.00 yrs
Size/SF 13,888
Shreveport, LA
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 20,043
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
