This Health Care Property is no longer advertised on LoopNet.com.

2301 W Campbell Rd
Garland, TX 75044

NeuroRestorative · Health Care Property For Sale · 24 Beds

Rehabilitation Centers Texas Garland 2301 W Campbell Rd, Garland, TX 75044

INVESTMENT HIGHLIGHTS

  • 15-Year Absolute NNN Lease to CareMeridian, LLC (dba NeuroRestorative) with Rare 2.5% Annual Rent Escalations
  • Substantial Tenant Investment in Fit-Out, Indicating Long Term Investment in Site
  • Ideally Situated within Regional Medical Hub for Northern Texas 5,686+ Hospital Beds within 15 Mile Radius
  • Robust Guaranty from National Mentor Holdings, Inc. (MENTOR)- Net Income of $14.9 Million in 2018
  • Unique Nature of Tenant’s Business Ensures Stable Client Base - 70% Revenue Increase Since 2013
  • Robust Demographics in One of Dallas’ Largest Suburbs Population Growth at Annual Rate of 4.68% Within 1 Mile of Site

PROPERTY FACTS

Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
Building Class B
Lot Size 5.40 AC
Building Size 21,083 SF
No. Beds 24
No. Stories 1
Year Built 2018
Parking Ratio 2.23/1,000 SF

PROPERTY TAXES

Parcel Number 26007720010010000 Improvements Assessment $6,162,080
Land Assessment $1,837,920 Total Assessment $8,000,000

ZONING

Zoning Code Z239
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  • Listing ID: 21281453

  • Date on Market: 10/20/2020

  • Last Updated:

  • Address: 2301 W Campbell Rd, Garland, TX 75044

More public record information on 2301 W Campbell Rd, Garland, TX 75044

The Garland Health Care Property at 2301 W Campbell Rd, Garland, TX 75044 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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