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Single-Tenant Office Medical

Hood Medical – 9 Yr Extension – 3% Annual Bumps

1322 Paluxy Rd, Granbury, TX 76048

Listing Price: $2,676,000

Cap Rate
7.25%
Tenant Name
Hood Medical Group
Years Remaining On Lease
9.3
Guarantor
Corporate Guarantee
Rentable SF
7,245
Lease Type
Double Net
Rent Per Square Feet
$26.78

Investment Overview

Lakeside Physicians serves the Texas communities of Granbury, Glen Rose, Stephenville, and all surrounding areas. With 24 offices, Lakeside Physicians offer a wide range of services, including Cardiology, Family Medicine, OB/GYN, Orthopedic Surgery, Pediatrics, and Primary Care. Per the Lakeside Physicians website, Hood Medical Group has four locations.

Granbury is a city in and the county seat of Hood County, Texas, home to nearly 11,000 residents and part of the Dallas/Fort Worth (DFW) Metroplex. Granbury offers lower operations costs and property tax rates compared to other cities in the DFW metro.

Investment Highlights

  • 9+ Years Remaining on Lease Term with Corporate Guaranty
  • 3% Annual Rental Increases with Multiple Renewal Options
  • Adjacent to Lake Granbury Medical Center, a 73-Bed Hospital Serving the Residents of Hood, Erath, and Somervell Counties
  • Lakeside Physicians is Part of Lake Granbury Medical Center, which is Owned by Community Health Systems, One of the Largest Publicly Traded Healthcare Companies in the U.S.
  • Lakeside Physicians Operates Out of 25 Offices in Granbury, Glen Rose, and Stephenville

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

Hood Medical – 9 Yr Extension – 3% Annual Bumps

Listing Price: $2,676,000

Cap Rate
7.25%
Tenant Name
Hood Medical Group
Years Remaining On Lease
9.3
Guarantor
Corporate Guarantee
Rentable SF
7,245
Lease Type
Double Net
Rent Per Square Feet
$26.78

Investment Highlights

  • 9+ Years Remaining on Lease Term with Corporate Guaranty
  • 3% Annual Rental Increases with Multiple Renewal Options
  • Adjacent to Lake Granbury Medical Center, a 73-Bed Hospital Serving the Residents of Hood, Erath, and Somervell Counties
  • Lakeside Physicians is Part of Lake Granbury Medical Center, which is Owned by Community Health Systems, One of the Largest Publicly Traded Healthcare Companies in the U.S.
  • Lakeside Physicians Operates Out of 25 Offices in Granbury, Glen Rose, and Stephenville

Investment Overview

Lakeside Physicians serves the Texas communities of Granbury, Glen Rose, Stephenville, and all surrounding areas. With 24 offices, Lakeside Physicians offer a wide range of services, including Cardiology, Family Medicine, OB/GYN, Orthopedic Surgery, Pediatrics, and Primary Care. Per the Lakeside Physicians website, Hood Medical Group has four locations. Granbury is a city in and the county seat of Hood County, Texas, home to nearly 11,000 residents and part of the Dallas/Fort Worth (DFW) Metroplex. Granbury offers lower operations costs and property tax rates compared to other cities in the DFW metro.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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