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:    


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:


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




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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