946 Bluebonnet St Stephenville, TX 76401
- Office Properties & Spaces
- 6,791 SF
Current Use by Public Records
- U.S. Renal Care / Dialysis Center
Property Details for 946 Bluebonnet St
- Property size
- 6,791 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional free-standing medical office building, located at 946 Bluebonnet Street in Stephenville, Texas, presents a compelling investment opportunity. The property encompasses 6,791 square feet within a single-story Class B building. Currently operating at 100% occupancy, the property benefits from a net lease structure with a tenant in place for a minimum of six years, including two five-year renewal options. The lease includes a favorable 2% annual rent increase, ensuring consistent and growing income. Situated in Erath County, this strategically located asset enjoys proximity to Texas Harris Methodist Hospital, providing excellent visibility and access to a substantial patient base. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for investors seeking a low-maintenance, high-return investment. The zip code is 76401. This turnkey medical office building offers a stable income stream and significant long-term potential. Further details regarding the sale price are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.2441
- Latitude
- 32.2162