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Single-Tenant Office Medical

Access Health Urgent Care | Outside Austin | 15 Yr Absolute Net Lease | Brand New 2023 Construction

113 Slowbes Way, Jarrell (Outside Austin), TX 76537

Listing Price: $2,416,665

Cap Rate
6.00%
Tenant Name
Access Health Urgent Care
Years Remaining On Lease
15.3
Gross SF
3,000
Guarantor
Corporate Guarantee
Rentable SF
3,000
Price/Gross SF
$805.56
Lease Type
Absolute Net
Rent Per Square Feet
$48.33

Investment Overview

Jarrell is located about 30 miles north of Austin, the state capital of Texas. The town is known for its small-town charm and is home to a number of local businesses, including restaurants, gas stations, and a grocery store. Jarrell is also home to a number of historical sites, including the Jarrell Plantation, a Texas Historical Commission site that offers guided tours of a 19th-century cotton plantation. The town is served by the Jarrell Independent School District, which includes Jarrell High School. The school district is known for its strong academic programs and extracurricular activities, including sports and performing arts. Overall, Jarrell is a quiet and friendly town that is a great place to raise a family or retire, with easy access to the amenities of a larger city.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) with Favorable Annual Rental Increases throughout the Initial Term and CPI Annual Adjustments at Each Option. Brand New 2023 Construction.
  • Positioned Along Area's Traffic & Retail Corridor. Features Easy Access and Excellent Visibility.
  • Immediate Access to I-35 - Recognized as one of the Key Roadways that feed Supply Chains and Connects 2/3 of the Mega Region known as the Texas Triangle.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Jarrell is the 12th Fastest Growing County in the Nation. A Population Boom is caused by its Close Proximity to Austin and Quick Access to I-35, SH-130, SH-195 and Ronald Reagan Blvd.
  • The Communities of Austin, Killeen, and Temple/Belton Reside within 40 Minutes of Jarrell and with that comes a Highly Skilled Workforce in an Abundance of Trades.
  • Adjacent to the Recently Announced Starbucks as well as Go Wash Tunnel Car Cash. In Close Proximity to Numerous other National Retailers.
  • Near Sonterra - a 1,400 Acre Master Planned Community with 6,000+ Homes (upon completion), Apartment Complexes with 200+ Units and 2 Elementary Schools.
  • Many Families have looked to Jarrell as their Home due to the City's Exceptional Schools and the Comforts of Life away from Urban Living. Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Financing By

Single-Tenant Office Medical

Access Health Urgent Care | Outside Austin | 15 Yr Absolute Net Lease | Brand New 2023 Construction

Listing Price: $2,416,665

Cap Rate
6.00%
Tenant Name
Access Health Urgent Care
Years Remaining On Lease
15.3
Gross SF
3,000
Guarantor
Corporate Guarantee
Rentable SF
3,000
Price/Gross SF
$805.56
Lease Type
Absolute Net
Rent Per Square Feet
$48.33

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) with Favorable Annual Rental Increases throughout the Initial Term and CPI Annual Adjustments at Each Option. Brand New 2023 Construction.
  • Positioned Along Area's Traffic & Retail Corridor. Features Easy Access and Excellent Visibility.
  • Immediate Access to I-35 - Recognized as one of the Key Roadways that feed Supply Chains and Connects 2/3 of the Mega Region known as the Texas Triangle.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction. Jarrell is the 12th Fastest Growing County in the Nation. A Population Boom is caused by its Close Proximity to Austin and Quick Access to I-35, SH-130, SH-195 and Ronald Reagan Blvd.
  • The Communities of Austin, Killeen, and Temple/Belton Reside within 40 Minutes of Jarrell and with that comes a Highly Skilled Workforce in an Abundance of Trades.
  • Adjacent to the Recently Announced Starbucks as well as Go Wash Tunnel Car Cash. In Close Proximity to Numerous other National Retailers.
  • Near Sonterra - a 1,400 Acre Master Planned Community with 6,000+ Homes (upon completion), Apartment Complexes with 200+ Units and 2 Elementary Schools.
  • Many Families have looked to Jarrell as their Home due to the City's Exceptional Schools and the Comforts of Life away from Urban Living. Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Jarrell is located about 30 miles north of Austin, the state capital of Texas. The town is known for its small-town charm and is home to a number of local businesses, including restaurants, gas stations, and a grocery store. Jarrell is also home to a number of historical sites, including the Jarrell Plantation, a Texas Historical Commission site that offers guided tours of a 19th-century cotton plantation. The town is served by the Jarrell Independent School District, which includes Jarrell High School. The school district is known for its strong academic programs and extracurricular activities, including sports and performing arts. Overall, Jarrell is a quiet and friendly town that is a great place to raise a family or retire, with easy access to the amenities of a larger city.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

Financing By

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