Skip to main content

Single-Tenant Office Medical

CanoHealth | New 15 Year Corporate NNN Lease

1454 Central Blvd, Brownsville, TX 78520

Listing Price: $5,625,000

Cap Rate
5.85%
Tenant Name
CanoHealth
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
13,190
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.95

Investment Overview

This passive investment opportunity offers a qualified buyer the change to own a premier medical tenant with a brand new 15 year NNN lease, with 10% rent increases every 5 years to hedge against inflation. Cano Health offers primary care services for seniors, with a mission to transform communities while in the pursuit of a healthier senior population. The site is strategically located at a signalized intersection, and is only blocks from the Brownsville Valley Baptist Medical Center and directly along the medical corridor of the region, surrounded by medical clinics, dental offices and surgical centers.

Investment Highlights

  • 15 Year Landlord-Friendly lease with 10% rent bumps every 5 years
  • Daily traffic counts exceed 26,000 vehicles per day passing directly in front of the site
  • Corporate Guaranteed by Publicly Traded Tenant (NYSE:CANO)
  • Essential Retailer E-Commerce, Pandemic and Inflation Resistant
  • Strong in-fill location near region's medical center in a Tax-Free State

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Single-Tenant Office Medical

CanoHealth | New 15 Year Corporate NNN Lease

Listing Price: $5,625,000

Cap Rate
5.85%
Tenant Name
CanoHealth
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
13,190
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.95

Investment Highlights

  • 15 Year Landlord-Friendly lease with 10% rent bumps every 5 years
  • Daily traffic counts exceed 26,000 vehicles per day passing directly in front of the site
  • Corporate Guaranteed by Publicly Traded Tenant (NYSE:CANO)
  • Essential Retailer E-Commerce, Pandemic and Inflation Resistant
  • Strong in-fill location near region's medical center in a Tax-Free State

Investment Overview

This passive investment opportunity offers a qualified buyer the change to own a premier medical tenant with a brand new 15 year NNN lease, with 10% rent increases every 5 years to hedge against inflation. Cano Health offers primary care services for seniors, with a mission to transform communities while in the pursuit of a healthier senior population. The site is strategically located at a signalized intersection, and is only blocks from the Brownsville Valley Baptist Medical Center and directly along the medical corridor of the region, surrounded by medical clinics, dental offices and surgical centers.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

MM Texture Background
MM Textured Background Lower