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1201 E Business Highway 83
McAllen, TX 78501

CenterWell Senior Primary Care | Humana · Health Care Property For Sale · 1 Bed

Investment Highlights

  • LONG TERM PASSIVE LEASE STRUCTURE 10+ years remain on Landlord friendly lease
  • STRONG MEDICAL TENANCY Nation’s largest senior focused care provider, with 250 locations, operated by a wholly owned subsidiary of Humana, Inc.
  • STRONG INFILL LOCATION Surrounded by major retailers, such as Home Depot, McDonald’s & Costco, each drawing traffic to the immediate area
  • 2023 CONSTRUCTION All new built-to-suit premier medical facility
  • TAX-FREE STATE Texas is a highly desirable income tax-free state
  • EXCELLENT VISIBILITY Strategically located on a busy expressway boasting over 135K passing VPD

PROPERTY FACTS

Property Type Health Care
Property Subtype
Skilled Nursing Facility
  • Healthcare Continuing Care Retirement Community
  • Healthcare Hospital
Building Class B
Lot Size 1.40 AC
Building Size 12,996 SF
No. Beds 1
No. Stories 1
Year Built 2023

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
J2003-03-000-0007-00
Land Assessment
$609,270
Improvements Assessment
$1,435,928
Total Assessment
$2,045,198

zoning

Zoning Code CO
CO
  • Listing ID: 31321203

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 1201 E Business Highway 83, McAllen, TX 78501

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