2010 Bill Owens Pkwy Longview, TX 75604

This exceptional investment opportunity presents a 7,137 square foot medical office building in Longview, Texas, currently 100% occupied by a credit-rated tenant under a net lease. The property, built in 2007 and situated on a 1.33-acre lot, features high-quality brick/stone construction. The single-tenant lease with CHRISTUS Health System boasts a remaining term of 4.9 years, with two 3-year lease options at market value rent. The lease commenced July 31, 2017, and is set to expire September 29, 2029. Annual rent bumps of 2% are included. The property generates a strong net operating income (NOI) of $137,673, resulting in an attractive 7.25% capitalization rate. The asking price is $1,898,935, translating to a price per square foot of $266.07. Located at 2010 Bill Owens Pkwy, Longview, TX 75604, this property benefits from its proximity to a large population base. The tenant's corporate guarantee and strong credit rating provide significant investment security. This is a fee-simple ownership opportunity.