OFFERING SUMMARY
Price: $2,750,000
Cap Rate: 6.98%
Gross Leasable Area: 8,000 SF
NOI: $$192,000
OFFERING HIGHLIGHTS
- Corporate Guarantee
- NN+ Lease
- 2.5% Annual Increases
- Income Tax-Free State
- 6+ Years Remaining
INVESTMENT OVERVIEW
The subject offering provides an opportunity for both new and seasoned investors to acquire a corporately guaranteed US Renal Care property situated in Laredo, Texas. The 8,000-square-foot building was built-to-suit for US Renal Care in 2006, has over 6.5 years remaining and exercised their latest option early. Given the high prevalence of diabetes in the Rio Grande Valley – nearly three times that of the general population of the United States – this clinic is a vital healthcare investment in the Laredo community. Furthermore, it boasts a strong inflationary hedge with 2.5 percent annual increases and robust surrounding demographics. This is an excellent chance to invest in a recession-resistant healthcare property with a high rate of return.
