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203 N Greer Blvd
Pittsburg, TX 75686
Asking Price
$517K
Cap Rate
8.92%
Asset Type
Medical Office Office
Class
Class B
What's Special
8.92% Cap Rate | ±9 Year Lease | 2% or CPI Bumps <ul><li><strong>Passive Lease Structure:</strong><span> This investment offers a potential investor a very passive, investment for both local and national investors.</span></li><li><strong>Established Local Operator:</strong><span> Pittsburg Veterinary Clinic has served the Pittsburg, TX community for over 40 years, building deep patient loyalty and a strong local reputation that would be extremely difficult for any competitor to replicate.</span></li><li><strong>Tenant Investment in Location
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NOI
$80,000
Cap Rate
15.48%
DSCR
2.61
Strong
Cash-on-Cash
31.82%
Monthly Payment
$2,556.167
Annual Cash Flow
$49,326.001
