OFFERING SUMMARY
Price: $3,432,000
Cap Rate: 6.00%
Gross Leasable Area: 9,607 SF
NOI: $205,923
OFFERING HIGHLIGHTS
- Absolute Net Lease
- Corporate Guarantee
- Proximity to Doctors Hospital of Laredo
- 2017 Construction
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 9,607-square-foot building was built-to-suit for US Renal Care in 2017 and has four years and eight months remaining in its primary term. 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, with scheduled two percent annual increases until 2026 and robust surrounding demographics, this is an excellent chance to invest in a recession-resistant healthcare property with a high rate of return.
