- Brand-new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
- The lease is guaranteed by Rocinante Equity (dba Elysian Capital) and Jeff Love as an individual
- There are 2% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation
Investment Offering
Granbury, TX - Total Point Urgent Care
1301 Paluxy Road | Granbury, TX 76048
$10,357,000
Price7%
Cap Rate$725,000
NOI8,276
± SF Offering GLA0.92
± AC Land AreaDescription
Location
- Total Point Urgent Care is strategically located at the hard corner intersection of Paluxy Road and North Meadows Drive averaging 5,100 vehicles passing by daily
- The asset is less than half a mile from West US Highway 377 (40,600 VPD), a main retail thoroughfare serving the city of Granbury
- The subject property is half a mile from Port Brazos Shopping Center, a 117,000+ SF Brookshire’s anchored shopping center
- The immediate trade area is supported by several big box retailers such as The Home Depot, Lowe’s, Walmart Supercenter, Staples, and more