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For Sale

CHRISTUS Health System

2010 Bill Owens Pkwy,
Longview, TX 75604

Asset Snapshot

$140,426
NOI
2007
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

Trinity Real Estate Investment Services is pleased to present the rare opportunity to acquire an Medical Office Building with Investment Grade Credit that features 2% annual rental increases. Mother Frances Regional Health Care Center is a subsidiary of Christus Health, which features a Moody's A-1 Rating. The signed an absolute NNN lease that has over 4 years remaining on the current term.


Investment Highlights

  • Christus Health System in Longview, TX With 4 Years Remaining on Current Term
  • Attractive 2% Annual Rental Increases
  • Interior Fully Remodeled for Modern Eye Care Use With Updated Exterior Signage That Enhances Visibility
  • Recent Capital Improvements Including December Roof Repair and 2024 HVAC Unit Replacement
  • Near a Signalized Intersection With Combined Traffic Counts of 19,000+ Vehicles Passing Daily
  • Strong Demographics of 85,000+ Residents Within 5 Miles of Property
  • Strategically Located Near Large Residential Neighborhoods With $118K+ Avg. Household Income Within 1 Mile
  • After Acquiring Good Shepherd Hospital in 2017 Christus Became a Dominant Health Care Provider for Longview and East Texas Operating 8 Hospitals and Over 80 Clinics

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,755,330
Asking Price