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Views: 168 DOM: 559 Updated: 11.21.24 Posted: 05.14.23 Status: Active

Summary

Price $7,897,114
Built/Renov 2005/2023
Tenant Total Point Urgent Care
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 5,351
Lease Start 04-10-2023
#Units 12
Price/SF $1,475.82
Expiration 04-11-2043
Tenant Type Medical/Health
NOI $552,798
R. Term 18.4
Ownership Fee Simple
Rent/SF $103.31
Increases 2.0%/1/yrs
Pop 5Mi 171,320
Lot/AC 1.33
Options 0/0yrs/1%
AHHI 5Mi $134,526

Lease Highlights

  • Total Point Urgent Care has 18+ years remaining on the current lease term
  • There are 2% annual rental increases throughout the initial term
  • The lease is guaranteed by Rocinate Equity Inc., dba Elysian Capital
  • Absolute NNN lease with zero landlord responsibilities
  • Texas in a no income tax state

Location Description

This Total Point Urgent Care is strategically located off the signalized, hard corner intersection of Green Oaks Boulevard and South Cooper Street averaging 76,400 VPD.The site is located in a strong residential corridor, providing a direct consumer base from which to draw. It also benefits from being less than 1.5 miles from Interstate 20 (181,500 VPD), providing direct on/off ramp access for...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Total Point Urgent Care is a convenient healthcare resource for underserved communities. Their clinics offer immediate medical care at a fraction of the cost of emergency rooms, without having to...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 17,975 115,007 326,886
2023 Total Population : 16,995 113,376 323,613
2023 Employed Civilian Pop : 8,922 61,433 166,811
2023 Total Businesses : 531 3,615 9,361
2023 Average Household Income : $ 101,093 $ 107,600 $ 101,406
2023 Total Consumer Spending : $ 521 M $ 3611 M $ 9808 M
2023 Median Age : 34 36 35
2023 Total Households : 5,964 39,027 112,049
2023 Pop Age 25+: Bachelor's Degree : 2,621 20,127 50,970
2023 Average Home Value : $ 273,251 $ 300,051 $ 298,650
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Green Oaks Blvd S Cooper St 2009 18,250 0.04 mi
S Cooper St Deuce Dr 2000 44,429 0.12 mi
S Cooper St Green Oaks Blvd 2012 58,122 0.16 mi
Green Oaks Blvd Mansfield Rd 2000 18,293 0.16 mi
Green Oaks Blvd Villa PkDr 2009 17,380 0.19 mi
Mansfield Rd SW Green Oaks Blvd 2009 4,200 0.21 mi
Wimbledon Dr S Cooper St 2009 3,050 0.25 mi
Mansfield Rd Wimbledon Oaks Ln 2009 4,520 0.28 mi
Green Oaks Blvd Cavalry Post Dr 2012 13,627 0.30 mi
W Nathan Lowe Rd S Cooper St 2000 1,189 0.32 mi

Listing Broker

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