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306 E Main St - Urgent Care 5,000 SF Health Care Building Offered at $2,442,860 CAD at a 6.68% Cap Rate in Whitehouse, TX 75791
INVESTMENT HIGHLIGHTS
- Long-Term 20-Year Lease; 16 Years Remaining; Zero Landlord Responsibilities; Absolute NNN Lease; Personal Guarantee by the Tenant
- Affluent Pocket of Tyler MSA; Average Household Income Exceeds $108,000 within 1 Mie; Growing Population; Population has Grown over 7% Since 2024
- Only Urgent Care and Emergency Care Provider Serving the Immediate Area; Located 11 Miles from Downtown Tyler, TX
- 2% Rental Increases Annually; Income Tax-Free State of Texas
- 1 Mile from Whitehouse Independent School District; 4,820 Students
- Economic and Educational Hub of East Texas; Home to The University of Texas at Tyler, Tyler Junior College), UT Health Northeast
EXECUTIVE SUMMARY
Personal Guarantee by the Operator
PROPERTY FACTS
| Price | $2,442,860 CAD | Lot Size | 0.53 AC |
| Price Per Bed | $2,442,860 CAD | Building Size | 5,000 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 6.68% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2020 |
| Building Class | B | ||
| Zoning | Medical | ||
| Price | $2,442,860 CAD |
| Price Per Bed | $2,442,860 CAD |
| Sale Type | Investment |
| Cap Rate | 6.68% |
| Property Type | Health Care |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 5,000 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2020 |
| Zoning | Medical |
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PROPERTY TAXES
| Parcel Number | 1-40950-0000-00-002010 | Improvements Assessment | $203,302 CAD |
| Land Assessment | $106,274 CAD | Total Assessment | $309,577 CAD |
PROPERTY TAXES
Parcel Number
1-40950-0000-00-002010
Land Assessment
$106,274 CAD
Improvements Assessment
$203,302 CAD
Total Assessment
$309,577 CAD
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306 E Main St - Urgent Care
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