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CenterWell (Humana)

1201 East Expressway 83, McAllen, TX 78501, USA

Price:
$5,707,000
CAP Rate:
5.75%
NOI:
$328,149
Net Rentable Area:
12,996 SF
Lot Size:
1.4 Acres
Year Built:
2023
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • LONG TERM PASSIVE LEASE STRUCTURE 11+ years remain with minimal landlord obligations
  • BRAND NEW 2023 CONSTRUCTION All new built-to-suit premier medical facility
  • STRONG MEDICAL TENANCY Nation’s largest senior focused care provider, with 250 locations in 12 states and operated by a wholly owned subsidiary of Humana Inc.
  • TAX-FREE STATE Texas is a highly desirable income tax-free state
  • STRONG INFILL LOCATION Surrounded by major retailers, such as Home Depot, McDonald’s & Costco, each drawing traffic to the immediate area
  • EXCELLENT VISIBILITY Strategically located on a busy expressway boasting over 135K passing VPD

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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