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This exceptional investment opportunity presents a 7,344-square-foot medical office building in Bryan, Texas, currently leased to U.S. Renal Care, a leading kidney care company. The property, built in 2009 on a 1.22-acre lot (APN 304939), is situated at 1612 N Texas Ave, 77803, offering convenient access to State Highway 21 and a major retail corridor. The current tenant, U.S. Renal Care, holds a triple-net (NNN) lease with a corporate guarantee, ensuring consistent income. The lease commenced December 15, 2009, and was recently extended through December 31, 2034, with two five-year renewal options. The lease includes favorable annual rent bumps of 1.5%, starting January 1, 2026. The property boasts a 100% occupancy rate and generates a strong net operating income (NOI) of $209,304, resulting in an attractive 7.00% capitalization rate. The asking price is $2,990,057 ($407.14 per square foot). This investment benefits from the stability of healthcare real estate, a strong tenant with a significant national presence, and the continued growth of Bryan, Texas, a city located in a zero-income tax state. The property's essential service nature and favorable lease terms make it an ideal addition to any diversified portfolio.
Property Details
for 1612 Texas Ave
Property type
Other office properties, Medical offices
Square Feet
7,344 SF
Year Built
2009
Lot Size (sq. ft)
53,143 SF
Location Insight
City
Bryan
County
Brazos
State
Texas
Latitude
30.6888092
Longitude
-96.3734289
1612 Texas Ave, Bryan, Texas
Nearby Similar for Sale
For Sale
$1,750,000
Bryan Office Complex: Prime Location
Medical & Traditional Office Space, High Visibility
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.