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3149 Medical Center
McKinney, TX 75069

Village Green Alzheimer's Care Home · Health Care Property For Sale · 23 Beds

Investment Highlights

  • Long Term, Absolute NNN Lease: New 16-year NNN lease, three 5-year options, 10% increases every 5 years. Lease is personally guaranteed by the princip
  • Excellent Accessibility and Proximity: Easily accessible from US Highway 75 and the Sam Rayburn Tollway. The Medical City, McKinney Hospital is locate
  • Strong Tenant Profile: Village Green Alzheimer’s Care is growing their successful concept and currently undergoing expansion across Texas
  • Brand New Construction: The Property is comprised of a 14,221 SF building on 3.356 acres and 23 bedrooms with expected delivery of Q4- 2021
  • Ideal Location: The property is surrounded by a growing housing market in the heart of McKinney
  • High Household Income: Average household income of $108,850 within a 10-mile radius

PROPERTY FACTS

Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 3.36 AC
Building Size 14,221 SF
No. Beds 23
No. Stories 1
Year Built 2020

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 24564592

  • Date on Market: 11/29/2021

  • Last Updated:

  • Address: 3149 Medical Center, McKinney, TX 75069

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