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$ 2,650,000
Est. payment | /mo
9,532 SqFt
$ 2,650,000
Est. payment | /mo
9,532 SqFt
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 9,532 sqft
Price per Sqft $278
Subdivision Tx
MLS Listing ID 26001355
Lot Size 1.380 Acres
Acres 1.38
Lot Dimensions 1.38
Property Sub-Type Building
Property Description
Presenting a rare opportunity to acquire a fully leased healthcare facility in Tyler's established medical corridor. Originally constructed in 1998 and significantly renovated in 2022, the property is now 100% occupied by Action Behavior Centers (ABC), one of the nation's fastest-growing pediatric autism therapy providers with more than 300 locations. The 9,532 SF building features 13 therapy rooms, several counseling offices, an outdoor playground, and executive offices. An 8-year NNN lease dated May 31, 2026 has a lease commencement date of September 1, 2026 and the initial term concludes on August 31, 2034. There are two, 5-year renewal options and annual rent escalations. Zoned RPO (Restricted Professional Office), the building sits along Golden Road and Paluxy Drive, with 77 parking spaces. INVESTMENT HIGHLIGHTS •National credit tenant: Action Behavior Centers •8-year NNN lease, commencing September 1, 2026 •7.95% cap rate •Pediatric autism therapy: recession-resistant demand •Two, 5-year renewal options with 2% annual escalations •77 parking spaces •ADA compliant •Fire suppression •Tyler, TX: #1 Best City in Texas to Move To (USA Today 2024)
Location
State TX
County Smith
Area Smith
Zoning Restricted Prof Office
Exterior
View Y/N No
Listed by Ann Hoover • Scarborough Commercial Real Estate
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales