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NNN Imaging Center w/ New 10-Year Lease
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Auction #
506-1 -
Interior Space:
± 8,200 SF -
Lot Size:
±0.22 acres -
Transaction Fee:
1.5% -
Broker1%
Co-op:
NNN Imaging Center w/ New 10-Year Lease
Medical Property For Sale in Tyler, TX
2019 Old Troup Hwy, Tyler, TX 75701Trophy investment opportunity in Tyler, Texas. Known as the medical hub for East Texas, Tyler is a rapidly growing market with state-of-the-art medical facilities, an expanding industry, and a growing population. Tyler's healthcare industry has an annual economic impact of $1.2 billion.
Investment Highlights:
- Single-Tenant Triple-Net Leased Property
- 8.1% CAP at minimum bid
- NOI = $261,573
- 10-year lease in place expiring Feb '35
- 2% annual rent increases
- Two (2) 5-year extensions
- Prime location situated along the retail corridor of Troup Highway and Loop 323
- Ample parking for patients and staff
- New 2024 Construction
- Close proximity to UT Health Tyler, HealthSouth Rehab Hospital of Tyler, and the University of Texas Tyler Campus
Downloadable Documents Sign In to Access
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Bracket Real Estate, Inc.
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
Conditions may be included with your bid
How to Bid
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
Tyler, TX 75701
Conditions may be included with your bid
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Smith County
Tyler, TX -
Property Type: Commercial Property
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Interior Space: ± 8,200 SF
-
Lot Size: ±0.22 acres
-
Transaction Fee: 1.5%
-
Broker Co-op: 1.00%
Trophy investment opportunity in Tyler, Texas. Known as the medical hub for East Texas, Tyler is a rapidly growing market with state-of-the-art medical facilities, an expanding industry, and a growing population. Tyler's healthcare industry has an annual economic impact of $1.2 billion.
Investment Highlights:
- Single-Tenant Triple-Net Leased Property
- 8.1% CAP at minimum bid
- NOI = $261,573
- 10-year lease in place expiring Feb '35
- 2% annual rent increases
- Two (2) 5-year extensions
- Prime location situated along the retail corridor of Troup Highway and Loop 323
- Ample parking for patients and staff
- New 2024 Construction
- Close proximity to UT Health Tyler, HealthSouth Rehab Hospital of Tyler, and the University of Texas Tyler Campus
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Bracket Real Estate, Inc.
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.