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Single-Tenant Office Medical

Nacogdoches Memorial Hospital | Single Tenant Absolute NNN Medical Building

1018 N Mound St, Nacogdoches, TX 75961

Listing Price: $7,660,000

Cap Rate
7.00%
Tenant Name
Nacogdoches Memorial Hospital
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
22,656
Lease Type
Absolute Net
Rent Per Square Feet
$23.67

Investment Overview

Marcus & Millichap is pleased to present this hospital leased single tenant absolute NNN medical office building, located at 1018 N Mound Street in Nacogdoches, TX. The subject property is a 22,656 SF outpatient healthcare building, that is 100% leased to Nacogdoches County Hospital District dba Nacogdoches Memorial Hospital. Some of the tenant's uses at the property include: Neurology, a Breast Care Center, Cardiology, Family Medicine & a Lab.

Investment Highlights

  • Hospital Leased Single Tenant Absolute NNN Medical Building
  • 7.4% Average Cap Rate Over the Remaining Initial Lease Term
  • Ideal Location Adjacent to the 231 Bed Nacogdoches Memorial Hospital
  • Situated ~0.5 Miles From the Campus of Stephen F. Austin State University (~12K Student Enrollment)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Single-Tenant Office Medical

Nacogdoches Memorial Hospital | Single Tenant Absolute NNN Medical Building

Listing Price: $7,660,000

Cap Rate
7.00%
Tenant Name
Nacogdoches Memorial Hospital
Years Remaining On Lease
6.7
Guarantor
Corporate Guarantee
Rentable SF
22,656
Lease Type
Absolute Net
Rent Per Square Feet
$23.67

Investment Highlights

  • Hospital Leased Single Tenant Absolute NNN Medical Building
  • 7.4% Average Cap Rate Over the Remaining Initial Lease Term
  • Ideal Location Adjacent to the 231 Bed Nacogdoches Memorial Hospital
  • Situated ~0.5 Miles From the Campus of Stephen F. Austin State University (~12K Student Enrollment)

Investment Overview

Marcus & Millichap is pleased to present this hospital leased single tenant absolute NNN medical office building, located at 1018 N Mound Street in Nacogdoches, TX. The subject property is a 22,656 SF outpatient healthcare building, that is 100% leased to Nacogdoches County Hospital District dba Nacogdoches Memorial Hospital. Some of the tenant's uses at the property include: Neurology, a Breast Care Center, Cardiology, Family Medicine & a Lab.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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