East Gibson Street

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East Gibson Street

Jasper, TX 75951
Asking Price
$7.00M
Asset Type
Medical Office Retail
Class
Class B

What's Special

30-year Absolute Triple Net (NNN) lease <p><span style="color: rgba(6, 34, 57, 1)">• Brand New 30 Year Absolute Net Lease</span></p><p></p><p><span style="color: rgba(6, 34, 57, 1)">• No Landlord Responsibilities and Potential Tax Advantages, Including Opportunities for Accelerated Depreciation</span></p><p></p><p><span style="color: rgba(6, 34, 57, 1)">• Attractive Annual 2% Rent Increases in Base Term and Options</span></p><p></p><p><span style="color: rgba(6, 34, 57, 1)">• Purpose-Built Facility Designed to Support Rehabilitation,

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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168

Location & Travel Times