1. MOB in Mesa, AZ: 20,489 SF well maintained medical office building completed in 1997 on over 2 ac lot in growing Phoenix suburbs. Close to 342-bed Banner Baywood Medical Center. 100% leased to multiple medical practices. $3.25M. NOI/Cap N/A. 2. Advance Auto Parts in Cleveland, OH: 7,000 SF single tenant auto center built in 2005 on .82 ac corner lot. 15 year NNN- corp lease till 2024 to …Read More
09-24: DaVita Dialysis, Wells Fargo, MOB, Walgreens, Advance Auto Parts, Medical Plaza, Concentra Urgent Care, Family Dollar
1. DaVita in Rockford, IL: 9,920 SF build-to-suit attractive dialysis center completed in 2004 on 1.57 ac lot. Adjacent to 254-bed OSF Saint Anthony Medical Center. IL is a Certificate of Need State (CON). 100% NNN- corp lease with over 13 years left. NOI $200K/yr with 2% annual rent increases. $3.338M. 6% cap. 2. Wells Fargo Bank in San Francisco, CA: 7,574 SF well maintained single tenant retail building on …Read More
09-22: MOB, Rite Aid, Walgreens, Fresenius Dialysis Center, Medical Condo Portfolio
1. MOB in Ocala, FL: 42,763 SF Class-B consisting of seven multitenant medical office buildings renovated in 2018 on 5.58 ac lot. Close to West Marion Community Hospital. With easy access to I-75. 75% NNN leased. NOI $352K/yr. $4.65M. 7.58% actual cap. Upside potential when fully leased. 2. MOB in Downers Grove, IL: 14,369 SF well maintained 2-story multitenant medical office building on over 1 ac lot in high income …Read More
08-18: Surgery Center, Medical Strip, MOB, Family Dollar, Dollar General
1. Surgery Center in Pasadena, TX: 12,144 SF well maintained single tenant surgery center on nearly 3 ac lot in fast growing Houston suburbs. This is a sale leaseback investment. New 15 year absolute NNN lease. NOI $333K/yr with 2% annual rent increases. $4.77M. 7% cap. 2. MOB in Buford, GA: 5331 SF Class-B multitenant medical office building completed in 2000 on .37 ac lot in Atlanta MSA. 100% leased …Read More
07-31: Texas Emergency Care, Rite Aid, Concentra Urgent Care, Walgreens, Dollar General, Professional Buildings, Family Dollar
Texas Emergency Care in Humble, TX: 8048 SF 24/7 attractive single tenant medical building completed in 2011 on nearly 1 ac lot in fast growing and affluent Houston metro with an AHI of $122K/yr in a 3 mile ring. 100% absolute NNN lease till 2027 to a strong operator with 14 locations. NOI $371K/yr with 3% annual rent increases. $4.887M. 7.60% cap. Walgreens in McDonough, GA: 15,110 SF well maintained …Read More
07-16: HealthCARE Express, DaVita, MOB, Rite Aid, Dollar General, Family Dollar, Advance Auto Parts
1. HealthCARE Express in Texarkana, AR: 4223 SF single tenant urgent care center on .73 ac lot. Adjacent to Walmart. Close to I-30. Brand new 15 year absolute NNN lease. NOI $120K/yr with annual rent increases. $1.85M. 6.50% cap. 2. Dollar General in Texas City, TX: 8125 SF freestanding retail building completed in 2003 on .57 ac lot in Houston MSA. 100% NNN leased. NOI $67K/yr. $925K. 7.30% cap. 3. …Read More
06-30: MOB, Dollar General, Lonestar 24-HR ER, Pep Boys, Rite Aid, Advance Auto Parts, Fresenius Dialysis Anchored Center
1. MOB in Hampton, VA: 4900 SF well maintained single tenant medical office building on over 1 ac lot. Close to 224-room Sentara Careplex Hospital. With easy access to I-64 with over 177,000 VPD. 100% corp lease with over 3 years left to Sentara Medical Group. NOI $117K/yr with 3% annual rent increases. $1.3M. 9.07% cap. 2. Lonestar 24-Hr ER in New Braunfels, TX: 7,596 SF 24HR Emergency Room built …Read More
06-19: Walgreens, MOB, DCI Dialysis Clinics, Midwest Dental, Grease Monkey, Dollar General
1. MOB in Stockton, CA: 13,549 SF well maintained multitenant medical building completed in 2007 in a growing area. Along a six-lane busy corridor. 100% NNN leased to DaVita Dialysis and Delta Surgical. NOI $385K/yr. $6.43M. 6% cap. 2. Walgreens in Snellville, GA: 13,089 SF drive-thru pharmacy constructed in 2006 on 2.76 ac lot at a hard corner location in high income Atlanta MSA. 25 year NNN lease with 11 …Read More
06-01: Walgreens, Concentra Urgent Care, Rite Aid, MOB, Fresenius, U.S. Renal Care
1. Concentra Urgent Care in Kansas City, MO: 7644 SF well maintained single tenant medical office building on .86 ac lot at a signalized intersection. With easy access to I-435 with over 77,000 CPD. New roof with a 20 year warranty. 100% NNN- lease till 2024 to a national credit tenant with over 520 clinics in 44 states. NOI $104K/yr with 2.5% annual rent increases. $1.362M. 7.65% cap. 2. …Read More
05-15: Essential Retailers, Dollar Tree, MOB, Pep Boys, Walgreens, Advance Auto Parts, Rite Aid Pharmacy
MOB in Lubbock, TX: 19,583 SF well kept medical office building on 1.51 ac lot anchored by Covenant Health Pulmonary. In the heart of Covenant Medical main campus and near 1,300-bed Covenant Health Hospital. Close to Hwy-62/82. Just blocks from Texas Tech University with over 31,000 undergraduate enrollment. 73% leased to two tenants. NOI $228K/yr. $2.85M. 8% cap. Upside potential when fully leased. Dollar Tree in Columbia, SC: 10,908 SF …Read More