AVAILABILITY DETAILS
- Size
- 66,450 SF
- Price/SF
- N/A -
Contact for Info
- Listing ID
- SA528123
- Notes
- (Rare Finance Offer)
Methodist McKinney Hospital
McKinney, TX 75070
*Financing Available
*$84m
*Assumable
*Low Down
*1031 Exchange Friendly
" Invest in Excellence:
Acquire the fee simple interest of Methodist McKinney Hospital, a single tenant NNN gem with unique advantages.
Featuring 23 inpatient beds, 6 operating rooms, and specialties from neurosurgery to orthopedics.
This state-of-the-art hospital includes a 24-hour emergency department and more.
Part of the robust Methodist Health System, with an attractive assumable financing and low down payment options for 1031 exchange-friendly investors.
Don't miss this prime opportunity!
Key Facts
* Methodist Health System (Moody's: Aa3) - $2 Billion Healthcare Non-Profit
* Assumable Zero Cash Flow Debt - 83% LTV
* Attractive Paydown/Readvance Feature
* 16.3 Year Lease - 2% Annual Rental Increases
* Triple Net (NNN) Lease - Zero Landlord Responsibilities
* Affluent & Dense Demos - $157,000 Average Household Income Within 5-Miles
* One of the Fastest Growing Cities in America - 35 Minutes North of Downtown Dallas for more info contact:
Stormin Normans REI CALL OR TEXT (480) 500-9231
- Uses
- Healthcare
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Norman Descoteaux, STORMIN NORMANS REI LLC