Active
825 Medical Drive
Tyler TX, 75701
$4,200,000
$458.22 per sqft
Active
9,166 sqft
Commercial
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!!
23001656
MLSⓇ ID
April 24, 2024
Updated
Map
825 Medical Drive
Tyler TX, 75701
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.21 Acres
Other Property Details
Garage
No
View
No
County
Smith
Pool
No
Zoning
Restricted Prof Office
Courtesy of Tony Foster, Better Homes & Gardens Real Estate I-20 Team
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
Data last updated: 4/24/2024, 9:23 PM UTC.
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