- For Sale $2,500,000
- Property Type Other
- Property Size 2,551 SF
- Lot Size 0.68 Acre
- Cap Rate % 8.93
- Year Built 1999
- Date Updated Oct 13, 2026
Description
More than 15 years of remaining lease term with scheduled 2% annual rental increases provides fixed, contractually obligated income and steady NOI growth backed by the lease obligation itself
The property is currently dark, presenting a compelling value-add opportunity while continuing to benefit from long-term contractual rental income
Remodeled in 2023 as a modern urgent care facility with high-quality finishes and a functional medical build-out, positioning the space for continued medical use
Location
Located just off the signalized, hard corner intersection of N Judge Ely Boulevard and E N 10th Street, with a combined traffic count of 67,200 VPD
Close proximity to Interstate 20 (39,800 VPD), providing regional connectivity
Outparcel to a United Supermarkets-anchored shopping center, featuring a top-performing United Supermarkets location that ranks in the top 18% of all U.S. stores according to Placer.ai
The subject property features significant frontage along E N 10th Street, providing excellent visibility and convenient customer access
Traffic Counts
N. 10th St 10,700 VPD
I-20 38,500 VPD
False
Contacts
SRS Real Estate Partners
SRS Real Estate Partners