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1521 E Rusk St

49,432 SF of Medical Space Available in Jacksonville, TX 75766

Highlights

  • Jacksonville is a city located in Cherokee County, Texas with a population of nearly 15,000 residents. The town is situated in the eastern part of the

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 49,432 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Medical
  • Full Build-Out
  • Now

ormer licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Texas. Conveniently developed less than 10 minutes to two major hospitals, UT Health Jacksonville and Christus Mother Frances Hospital. Excellent value-add opportunity for an investor or owner-operator to acquire the asset and reinstate the original use as a nursing facility or repurpose/redevelop the property. Positioned in a market with nearly 18% of the population above the age of 65 and a strong employee base with 11.8% of workers employed in the healthcare and social assistance industry, the second-highest labor sector in the area.

  • Fully Built-Out as Standard Medical Space
  • Jacksonville is a city located in Cherokee County,
  • Reception Area
Space Size Term Rental Rate Space Use Condition Available
1st Floor 49,432 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Medical Full Build-Out Now

1st Floor

Size
49,432 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Medical
Condition
Full Build-Out
Available
Now

1st Floor

Size 49,432 SF
Term Negotiable
Rental Rate Upon Request
Space Use Medical
Condition Full Build-Out
Available Now

ormer licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Texas. Conveniently developed less than 10 minutes to two major hospitals, UT Health Jacksonville and Christus Mother Frances Hospital. Excellent value-add opportunity for an investor or owner-operator to acquire the asset and reinstate the original use as a nursing facility or repurpose/redevelop the property. Positioned in a market with nearly 18% of the population above the age of 65 and a strong employee base with 11.8% of workers employed in the healthcare and social assistance industry, the second-highest labor sector in the area.

  • Fully Built-Out as Standard Medical Space
  • Reception Area
  • Jacksonville is a city located in Cherokee County,

About the Property

Former licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Texas. Conveniently developed less than 10 minutes to two major hospitals, UT Health Jacksonville and Christus Mother Frances Hospital. Excellent value-add opportunity for an investor or owner-operator to acquire the asset and reinstate the original use as a nursing facility or repurpose/redevelop the property. Positioned in a market with nearly 18% of the population above the age of 65 and a strong employee base with 11.8% of workers employed in the healthcare and social assistance industry, the second-highest labor sector in the area. MARKET OVERVIEW Jacksonville, Texas has a small number of existing commercial properties with only approximately 287 assets representing nearly 4.4 million square feet of space. There is currently no new construction in the pipeline across all asset types, eliminating any current supply-side pressure in the area. The overall vacancy rate is 4.2% and the market rent is currently averaging $9.25 per square foot. Although Jacksonville does not exist in a defined commercial market, it sits just outside the larger markets of Tyler and Longview.

PROPERTY FACTS FOR 1521 E Rusk St , Jacksonville, TX 75766

Property Type Health Care
Property Subtype Assisted Living
Building Class C
Building Size 49,432 SF
Year Built 1970

Attachments

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  • Listing ID: 25775428

  • Date on Market: 5/24/2022

  • Last Updated:

  • Address: 1521 E Rusk St, Jacksonville, TX 75766

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