Memory Care Assisted Living
3800 Woodcrest Lane, Mansfield, TX 76063
For Sale
New
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A 22-bed, Type B-licensed care setting operates under an absolute NNN lease.
Property SizeContact for details
Lot Size3.13 Acres
Days on Market6
Property Features for 3800 Woodcrest Lane
General Information
Standard status
Lot size
Property subtype
Occupancy
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
DUWEST
Listed By:
Bill Pyle · License #TX 538293
(214) 240-5401
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 5:34PM
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 DUWEST
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Investment Insights
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This assisted living facility provides Alzheimer’s memory care and has 22 beds with a Type B license. The property occupies approximately 3.13 acres in Mansfield, Texas, and is leased to Village Green Alzheimer's Care Home LLC.
The absolute NNN lease has a 16-year term and three 5-year extension options. Contractual rent increases of 10% occur every five years. Rent is personally guaranteed by the operator’s principal.
The absolute NNN lease has a 16-year term and three 5-year extension options. Contractual rent increases of 10% occur every five years. Rent is personally guaranteed by the operator’s principal.
Key Highlights
- 22 beds; licensed for Type B assisted living
- Approximately 3.13‑acre site in Mansfield, Texas
- 16‑year absolute NNN lease with three 5‑year extension options
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 76063, TX
76,914
Population
28,105
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
50.0 sq mi
ZIP Area
1,538
Density / Sq Mi
$113,177
Median Household Income
$56,480
Median Earnings
$1,762
Median Rent
$378,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - A 22-bed, Type B-licensed care setting operates under an absolute NNN lease.
Where is this assisted living facility located?
The property is located at 3800 Woodcrest Lane Mansfield, TX.
What is the asking price?
The asking price for this property is $7,615,000.
What are key features of this property?
This property features: 22 beds; licensed for Type B assisted living; Approximately 3.13‑acre site in Mansfield, Texas; 16‑year absolute NNN lease with three 5‑year extension options
