413B Us-59 Atlanta, TX 75551
This exceptional investment opportunity presents a 6,342 square foot medical office building in Atlanta, Texas, currently 100% occupied by a credit-rated DaVita dialysis clinic under a Net Lease agreement. The property, built in 2014 and boasting a 4-star Medicare rating, features a 4.1-year remaining lease term with two, 5-year renewal options, each including a 10% rent increase. The tenant, a corporate guarantor, has significantly expanded operations since the initial lease commencement on February 15, 2014, increasing stations from 7 to 12 (with a 13th reserved), and expanding shifts from one to two, maintaining hours from 5:45 AM to 4:30 PM, Monday through Saturday. Recent capital improvements include a new HVAC unit (August 2023) and a new roof (January 2025). The property sits on a 0.86-acre lot and generates a strong Net Operating Income (NOI) of $148,446, resulting in an attractive 7.24% cap rate. The asking price is $2,050,000. This fee-simple ownership offers a stable, high-performing investment with significant upside potential. The property's address is 413B US-59, Atlanta, TX 75551. The APN is 767909.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.