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Investment Highlights

  • 10 Year Absolute NNN Lease with Corporate Guarantee
  • The tenant will have five (5) additional five-year renewal options, potentially extending the investment horizon to 35 years of occupancy.
  • Brownwood maintains a stable workforce and regional service economy supporting long-term healthcare demand.
  • The lease will include 2% annual rental increases, creating built-in income growth and inflation protection over the lease term.
  • Texas is one of the fastest-growing states, which continues to drive strong demand for healthcare services and outpatient medical facilities.

Executive Summary

AiCRE Partners is pleased to present the opportunity to purchase the medical office property located at 1604 14th Street in Brownwood, Texas. The subject property is occupied by Zeal to Heal Family Med & Urgent Care and is backed by a corporate guarantee, offering prospective ownership stable and secure tenancy.
The property is improved with a well-maintained medical office building designed to accommodate urgent care and family medicine services, providing functional layout, patient accessibility, and ample parking. The asset benefits from its positioning within an established medical and retail corridor, serving the surrounding residential population and daytime workforce.
Strategically located along 14th Street, a primary east-west thoroughfare in Brownwood, the property enjoys strong visibility, convenient ingress/egress, and consistent traffic counts. The site is in close proximity to key healthcare providers, national retailers, and community amenities, making it a highly accessible destination for patients and staff alike. Brownwood serves as a regional hub for healthcare and commerce in Central Texas, drawing from a broad trade area. The combination of a corporate-backed tenant, essential medical use, and strategic location positions this offering as an attractive opportunity for investors seeking stable, service-oriented tenancy.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,203 SF
Building Class
B
Year Built
2008
Price
$2,487,031 CAD
Price Per SF
$591.73 CAD
Cap Rate
6.25%
NOI
$155,439 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,203 SF
Building FAR
0.23
Lot Size
0.41 AC
Parking
20 Spaces (4.76 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System
  • Reception
  • Storage Space
  • Central Heating
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Recessed Lighting
  • Secure Storage
  • Shower Facilities
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
20004805
Land Assessment
$8,136 CAD
Improvements Assessment
$761,507 CAD
Total Assessment
$769,643 CAD
  • Listing ID: 40479128

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 1604 14th St, Brownwood, TX 76801

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