4506 Kostoryz Rd Corpus Christi, TX 78415

This exceptional investment opportunity presents a portfolio of eight strategically located dental and orthodontic facilities across Texas and New Mexico. The portfolio totals 68,286 net rentable square feet situated on 8.57 acres of land. Currently 100% occupied, the properties are under a master lease with a corporate guarantee, providing significant financial security. The absolute NNN lease structure ensures minimal landlord responsibilities, with a remaining term of 10.4 years and four, five-year renewal options. Annual rent bumps of 2% further enhance long-term returns. The portfolio boasts a strong NOI of $1,380,370 and an asking price of $19,719,574, representing an attractive price per square foot of $309. The properties are primarily located in Texas markets with populations exceeding 100,000, some even surpassing 300,000, ensuring a substantial patient base. The portfolio benefits from the advantages of a tax-free state, enhancing overall profitability. The resilient nature of the healthcare industry, coupled with the high build-out costs and low relocation rates of dental practices, contributes to the portfolio's long-term stability and predictable income stream. The portfolio's strong financials, including a robust rent coverage ratio, and the long-term lease structure make this a compelling investment opportunity in a growing sector.