Technical
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Property profile

946 Bluebonnet St Stephenville, TX 76401

OFF-MARKET
Office Spaces
6,791 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 6,791 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

946 Bluebonnet St Stephenville, TX 76401
Stephenville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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