825 Medical Drive, Tyler, TX

$4,200,000

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9,166

Square feet

1.21

Acres

About 825 Medical Drive

This is a prime opportunity to have a great Medical Office Building with an existing tenant about to start year 2 of a renewed 10 year NNN Lease, right in the heart of Tyler's Medical District, AND The Long Term Medical Tenant Plans on renewing per the Owner! It's in Great condition! All Expenses are the Tenants responsibility and the current Lease's Net Cap rate is apprx 5.5% with Bi Yearly increases!!

Features of 825 Medical Drive

MLS® # 23001656
Price $4,200,000
Square Footage 9,166
Acres 1.21
Type COMMERCIAL BUILDING/LAND
Sub-Type Building
Status Active

Community Information

Address 825 Medical Drive
City Tyler
County Smith
State TX
Zip Code 75701

Amenities

Is Waterfront No

Exterior

Lot Description 1.205
Construction Brick Veneer

Additional Information

Date Listed November 30th, -0001
Zoning Restricted Prof Office
Foreclosure No

Listing Details

AgentTony Foster
OfficeBetter Homes & Gardens Real Estate I-20 Team

Listing Map

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