Property summary
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
VerifiedCap rate & NOI
Current use
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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