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Urgentcare Strip Center 920 W Court St

2,913 SF 100% Leased Retail Building Seguin, TX 78155 $4,300,000 ($1,476/SF) 6.51% Cap Rate

Investment Highlights

  • The property is 100% occupied by a synergistic mix of medical and quick- serve tenants.
  • Absolute NNN: This property offers absolute net leases, translating to zero landlord responsibilities.
  • All tenants are on brand new 15-year leases with 10% rental increases every five years, ensuring a steady income stream.

Executive Summary

Cuspid Commercial Realty is pleased to present a prime investment opportunity in a thriving commercial hub. This urgent care-anchored strip center is 100% occupied by a synergistic mix of medical and quick-serve tenants. With absolute NNN leases and fee simple ownership, this property promises a stable and hands-off investment experience.

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
2,913 SF
Year Built
2023
Price
$4,300,000
Price Per SF
$1,476
Cap Rate
6.51%
NOI
$280,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Land Acres
0.39 AC
Zoning
COM - COM
Parking
14 Spaces (4.81 Spaces per 1,000 SF Leased)
  • Listing ID: 32058138

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 920 W Court St, Seguin, TX 78155

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