2500 Swamy Dr Sherman, TX 75090

This exceptional investment opportunity presents a 7,728-square-foot Class A medical office building in Sherman, Texas. The property, constructed in 2019, is situated on a 1.4-acre lot at 2500 Swamy Dr, 75090, and enjoys a prime location adjacent to Texoma Medical Center, a 414-bed acute care hospital. Currently 100% occupied under a 15-year net lease (NNN) with American Renal Associates (ARA), a subsidiary of Innovative Renal Care (IRC), a national dialysis services provider with over 200 clinics. The lease commenced September 12, 2020, and expires September 30, 2035, offering a remaining lease term of approximately 10.9 years. The lease includes 2% annual rent escalations and two 5-year options to renew at fair market value. ARA invested approximately $1 million in build-out, creating a state-of-the-art facility featuring 12 dialysis stations and one isolation room, with capacity for expansion. The property boasts a strong 6.50% cap rate and a net operating income (NOI) of $188,213, with an asking price of $2,900,000 ($375.26/SF). This offering provides a secure, long-term investment in a rapidly growing market, benefiting from significant recent investments in the Sherman area by companies like Texas Instruments and Globitech, and the absence of state income tax in Texas.