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Single-Tenant Office Medical

Allergy & Asthma Clinic

508 Leander Rd, Georgetown, TX 78626

Listing Price: $920,000

Cap Rate
6.52%
Tenant Name
Allergy & Asthma Clinic
Years Remaining On Lease
3.6
Gross SF
3,000
Guarantor
Personal Guarantee
Rentable SF
3,000
Price/Gross SF
$306.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.00

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Allergy & Asthma Clinic in Georgetown, Texas. The property consists of a 3,000-square-foot, freestanding building that sits on approximately 0.30 acres of land. There are 3.7 years remaining on the lease with $500 rental increases every month in year three.

Investment Highlights

  • Triple-Net Lease with 3.7 Years Remaining
  • Excellent Access and Visibility on Leander Road, Where Traffic Counts Exceed 19,648 VPD
  • Half-Mile to Interstate 35 (123,204 VPD), the Main North-South Corridor Connecting Georgetown to Round Rock and Austin
  • Low Price Point
  • Rapidly Growing Market – 75 Percent Population Growth Since 2010 With an Additional 18 Percent Growth Projected Within the Next Five Years (Five-Mile Radius)

Exclusively Listed By

Single-Tenant Office Medical

Allergy & Asthma Clinic

Listing Price: $920,000

Cap Rate
6.52%
Tenant Name
Allergy & Asthma Clinic
Years Remaining On Lease
3.6
Gross SF
3,000
Guarantor
Personal Guarantee
Rentable SF
3,000
Price/Gross SF
$306.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.00

Investment Highlights

  • Triple-Net Lease with 3.7 Years Remaining
  • Excellent Access and Visibility on Leander Road, Where Traffic Counts Exceed 19,648 VPD
  • Half-Mile to Interstate 35 (123,204 VPD), the Main North-South Corridor Connecting Georgetown to Round Rock and Austin
  • Low Price Point
  • Rapidly Growing Market – 75 Percent Population Growth Since 2010 With an Additional 18 Percent Growth Projected Within the Next Five Years (Five-Mile Radius)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease Allergy & Asthma Clinic in Georgetown, Texas. The property consists of a 3,000-square-foot, freestanding building that sits on approximately 0.30 acres of land. There are 3.7 years remaining on the lease with $500 rental increases every month in year three.

Exclusively Listed By

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