Medical Office Building with NNN
For Sale
$1,600,000
1318 Paluxy Rd, Granbury, TX 76048
Established medical practice occupancy sits directly across the driveway from Lake Granbury Hospital.
Property Size4,896 SF
Price / SF$326.80
Days on Market44
Property Features for 1318 Paluxy Rd
General Information
Standard status
Active
Size
4,896 SF
Building Details
Year Built
1986
Listing Agency:
Elevate Realty Group
(817) 736-5757
Listed By:
Randall Luna · License #0575420
Source:
Heritance
Added: Jul 17
Changed: Aug 28
Last Checked: Aug 28 at 7:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elevate Realty Group
Investment Insights
Based on property information with market context.
This 4,896-square-foot medical office building at 1318 Paluxy Rd in Granbury, Texas, was constructed in 1986 and has been maintained in excellent condition. A current medical practice remains in occupancy, providing an established operating setup for the property.
The building is positioned across a driveway from Lake Granbury Hospital and includes a large parking lot. An executed NNN lease runs through 2029, and the property is reported at a 9% cap rate with the NNN structure included.
The building is positioned across a driveway from Lake Granbury Hospital and includes a large parking lot. An executed NNN lease runs through 2029, and the property is reported at a 9% cap rate with the NNN structure included.
Key Highlights
- 4,896‑square‑foot medical office building
- Current medical practice tenant remaining in occupancy
- Executed NNN lease through 2029
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76048, TX
25,764
Population
12,737
Households
2
Avg Household Size
48
Median Age
26%
College-Educated
90%
High-School Grad
101.7 sq mi
ZIP Area
253
Density / Sq Mi
$66,856
Median Household Income
$37,190
Median Earnings
$1,288
Median Rent
$230,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Established medical practice occupancy sits directly across the driveway from Lake Granbury Hospital.
Where is this medical office space located?
The property is located at 1318 Paluxy Rd Granbury, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 4,896‑square‑foot medical office building; Current medical practice tenant remaining in occupancy; Executed NNN lease through 2029
