Log In/Sign Up
Your email has been sent.
205 22nd St 7,300 SF Office Building Hondo, TX 78861 $4,063,065 CAD ($556.58 CAD/SF) 6.03% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate guaranteed lease with U.S. Renal Care — a premier national dialysis operator serving over 35,000 patients across 300+ centers
- 2% annual rent increases — strong hedge against inflation
- NNN lease — tenant covers nearly all operating expenses for passive ownership
- 7,300 SF modern, freestanding medical building built in 2015
EXECUTIVE SUMMARY
This offering presents a secure, passive net-leased investment with U.S. Renal Care, a nationally recognized dialysis provider. The property consists of a 7,300-square-foot, purpose-built medical facility constructed in 2015, positioned on a 47,045-square-foot parcel in Hondo, Texas.
The corporate guaranteed NNN lease provides investors with reliable cash flow and minimal landlord obligations. Scheduled 2% annual rental increases enhance year-over-year revenue growth. With 4.6 years remaining on the initial term and a five-year renewal option, investors are secured by a long-term commitment in a recession-resistant industry driven by essential care demand.
Hondo benefits from expanding medical services and strong demographic trends that support the continued growth of outpatient care facilities like this one. This investment combines credit-backed stability, built-in rent growth, and low management responsibility — ideal for both private and institutional capital seeking durable income performance.
The corporate guaranteed NNN lease provides investors with reliable cash flow and minimal landlord obligations. Scheduled 2% annual rental increases enhance year-over-year revenue growth. With 4.6 years remaining on the initial term and a five-year renewal option, investors are secured by a long-term commitment in a recession-resistant industry driven by essential care demand.
Hondo benefits from expanding medical services and strong demographic trends that support the continued growth of outpatient care facilities like this one. This investment combines credit-backed stability, built-in rent growth, and low management responsibility — ideal for both private and institutional capital seeking durable income performance.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,300 SF
Building Class
B
Year Built
2015
Price
$4,063,065 CAD
Price Per SF
$556.58 CAD
Cap Rate
6.03%
NOI
$245,125 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,300 SF
Building FAR
0.16
Lot Size
1.07 AC
Parking
40 Spaces (5.48 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 84147 | Improvements Assessment | $911,384 CAD |
| Land Assessment | $242,985 CAD | Total Assessment | $1,154,369 CAD |
PROPERTY TAXES
Parcel Number
84147
Land Assessment
$242,985 CAD
Improvements Assessment
$911,384 CAD
Total Assessment
$1,154,369 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Company Not Provided
205 22nd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.