Posted in General on September 10, 2014

Reduced: For Sale/Investment Greenville Medical/Retail – Lease Exp 01/31/2018

 

 

National Credit                10,000 SF Dialysis Tenant

 

Tenant is Davita:              http://www.davita.com/

 

Lease through 9/30/2016 with one 5 year renewal option at a 3% per year increase

 

Average Rent is                $10,000 per month plus NNN reimbursements

 

Average Annual Rent is   $120,000 plus NNN reimbursements

 

 

 

Regional Credit                2,550 SF Home Healthcare Tenant

 

ANGMAR dba Angels Home Health:  http://www.angmarholdings.com/

 

Lease through 01/31/2018

 

Average Rent is               $2,550 per month plus NNN reimbursements

 

Annual Rent is                 $30,600 plus NNN reimbursements

 

 

 

The NNN’s are approx    $2.99/SF

 

NOI is approx            $150,600 per year

 

MEDICAL/RETAIL/OFFICE FOR SALE 

 

4801-4805 S. Wesley, Greenville, Texas 75401 

 

NE Quadrant at US-69 (Joe Ramsey Blvd)

 

 

    • 12,550 SF Building

 

 

    • Built 1962; Renovated multiple times

 

    • Regional & National Credit Tenants

 

    • Fully leased /Investment Sale

 

    • 10,000 SF Tenant Lease Expires 09/30/2016

 

    • 2,550 SF Tenant Lease Expires 1/31/2018

 

    • price has been reduced from $1,334,000 to $1,297,000

 

 

 

 

Information herein was obtained from sources believed reliable; however, Pizel & Associates makes no warranties as to accuracy. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

 

 

 

( 972-404-0008   Hugh Resnick

 

 

 

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