Sold Subscription Required
| Price $2,312,000 | Built/Renov 2017 | Tenant Pak Medical Group |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,780
| Lease Start
11-01-2018
| #Units
7
|
| Price/SF $400.00 | Expiration
10-31-2028
| Tenant Type Medical/Health |
| NOI $150,155 | R. Term 4.1 | Ownership Fee Simple |
| Rent/SF
$25.98
| Increases 2.0%/1/yrs | Pop 5Mi 85,555 |
| Lot/AC 1.43 | Options 1/5yrs/2% | AHHI 5Mi $112,868 |
| | |
This 5,780 square foot Pak Medical Group is situated on a 1.43 acre parcel along East Common Street. The site benefits from its location within Gruene Crossing Office Park, a dense medical complex. Additionally, the tenant is within close proximity to Several hospitals including Christ’s Santa Rosa Hospital (115 beds), Resolute Hospital (128 beds) and PAM Health Specialty Hospital (32 beds)....
...Build to suit
Near major nationals
Strategically located
Strong tenant synergy
Highway close
Strong demographics
Income tax free state
Absolute NNN
Annual rent increases
Corporate Guarantee
Pak Medical Group offers the latest in advanced medical technology specializing in primary care, women’s health, geriatric services, medicare wellness exam, diabetes care and management,allergy...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,781 | 51,680 | 110,963 |
| 2023 Total Population : | 7,477 | 44,104 | 95,231 |
| 2023 Employed Civilian Pop : | 3,726 | 21,537 | 45,281 |
| 2023 Total Businesses : | 494 | 2,332 | 3,806 |
| 2023 Average Household Income : | $ 107,965 | $ 104,955 | $ 113,081 |
| 2023 Total Consumer Spending : | $ 312 M | $ 1617 M | $ 3582 M |
| 2023 Median Age : | 40 | 37 | 38 |
| 2023 Total Households : | 3,360 | 17,820 | 36,804 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,211 | 7,786 | 17,889 |
| 2023 Average Home Value : | $ 374,696 | $ 369,199 | $ 367,430 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Hanz Drive | Cotton Blvd | 2021 | 3,643 | 0.33 mi |
| Post Rd | N Kowald Ln | 2010 | 730 | 0.63 mi |
| TX 121 | Hwy 46 | 2020 | 120,228 | 0.66 mi |
| Post Rd | 2021 | 103,128 | 0.67 mi | |
| Post Rd | 2021 | 6,070 | 0.68 mi | |
| Old FM 306 | FM 306 | 2010 | 930 | 0.69 mi |
| Common St | Loop 337 | 2000 | 9,870 | 0.73 mi |
| I- 35 Frontage | 2010 | 14,210 | 0.79 mi | |
| Common St | Old FM 306 | 2010 | 8,980 | 0.79 mi |
| FM 306 | Old FM 306 | 2004 | 11,400 | 0.81 mi |
Saint Michael, MN
Cap Rate 6.50%
Lease NN+
R. Term 5.30 yrs
Size/SF 4,273
Catskill, NY
Cap Rate 6.50%
Lease NN+
R. Term 8.10 yrs
Size/SF 3,515
Phoenix, AZ
Cap Rate 6.11%
Lease Abs NNN
R. Term 3.90 yrs
Size/SF 4,264
Franklin, LA
Cap Rate 6.75%
Lease NN+
R. Term 12.10 yrs
Size/SF 3,600
Emporia, KS
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,000
Navarre, FL
Cap Rate 6.75%
Lease Double NN
R. Term 9.00 yrs
Size/SF 5,626
St. Louis, MO
Cap Rate 6.75%
Lease NN+
R. Term 8.50 yrs
Size/SF 4,536
Lenoir, NC
Cap Rate 6.00%
Lease Double NN
R. Term 8.11 yrs
Size/SF 3,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
