Single-Tenant Office Medical
Touchstone Medical | 2035 Old Troup Highway
2035 Old Troup Hwy, Tyler, TX 75701
Listing Price: $4,089,485
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale 2035 Old Troup Road in Tyler, Texas, which is a single-tenant medical property occupied by Touchstone Medical Imaging. 2035 Old Troup Road is an 8,229 square foot medical office building with 2023 construction on 9,409 square feet of land. Touchstone Medical Imaging provides outpatient diagnostic imaging services, with over fifty locations nationwide.
The investment property offers an investor an opportunity to purchase a newly-constructed medical property in a primary retail hub of Tyler, Texas, occupied by one tenant with a strong national operator. The Property is offered at a price of $4,089,485, which is a 6.25 percent CAP Rate year one, with two percent annual rent escalations.
The lease, backed by Touchstone Medical Imaging, LLC, allows the investor to collect fully for taxes, insurance, common area maintenance, and management. This lease structure provides investors with a stable investment with minimal landlord responsibilities and the ability to bill the tenant for management fees.
Touchstone Medical | 2035 Old Troup Highway
Investment Highlights
- Single-Tenant Triple-Net Leased Property: Tenant Reimburses for Expenses Incurred Except Roof and Structure
- Two Percent Annual Rent Increases
- Landlord May Charge Tenant a Management Fee
- New 2023 Construction
- Prime Location at Retail Hub of the Intersection of Troup Highway and Loop 323
- Lease Guaranteed by Touchstone Medical Imaging, LLC: More Than Fifty Locations Nationwide
- Close Proximity to UT Health Tyler, University of Texas Tyler Campus, and Healthsouth Rehab Hospital of Tyler
- Fresh Ten-Year Lease
Exclusively Listed By
Financing By
Single-Tenant Office Medical
Touchstone Medical | 2035 Old Troup Highway
Listing Price: $4,089,485
Investment Highlights
- Single-Tenant Triple-Net Leased Property: Tenant Reimburses for Expenses Incurred Except Roof and Structure
- Two Percent Annual Rent Increases
- Landlord May Charge Tenant a Management Fee
- New 2023 Construction
- Prime Location at Retail Hub of the Intersection of Troup Highway and Loop 323
- Lease Guaranteed by Touchstone Medical Imaging, LLC: More Than Fifty Locations Nationwide
- Close Proximity to UT Health Tyler, University of Texas Tyler Campus, and Healthsouth Rehab Hospital of Tyler
- Fresh Ten-Year Lease
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale 2035 Old Troup Road in Tyler, Texas, which is a single-tenant medical property occupied by Touchstone Medical Imaging. 2035 Old Troup Road is an 8,229 square foot medical office building with 2023 construction on 9,409 square feet of land. Touchstone Medical Imaging provides outpatient diagnostic imaging services, with over fifty locations nationwide. The investment property offers an investor an opportunity to purchase a newly-constructed medical property in a primary retail hub of Tyler, Texas, occupied by one tenant with a strong national operator. The Property is offered at a price of $4,089,485, which is a 6.25 percent CAP Rate year one, with two percent annual rent escalations. The lease, backed by Touchstone Medical Imaging, LLC, allows the investor to collect fully for taxes, insurance, common area maintenance, and management. This lease structure provides investors with a stable investment with minimal landlord responsibilities and the ability to bill the tenant for management fees.
Exclusively Listed By
Financing By
