Granbury, TX 76048

Hood Medical Group

Property Address

1322 Paluxy Road, Granbury, TX 76048, USA

Offering Summary

  • Price: $2,676,000
  • Lot Size: 1.41 Acres
  • Cap Rate: 7.25%
  • Year Built: 1994
  • Building SF: 7,245
  • Status: Available
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  • 9+ Years Remaining on Lease Term with Corporate Guaranty
  • 3% Annual Rental Increases with Multiple Renewal Options
  • Adjacent to Lake Granbury Medical Center, a 73-Bed Hospital Serving the Residents of Hood, Erath, and Somervell Counties
  • Lakeside Physicians is Part of Lake Granbury Medical Center, which is Owned by Community Health Systems, One of the Largest Publicly Traded Healthcare Companies in the U.S.
  • Lakeside Physicians Operates Out of 25 Offices in Granbury, Glen Rose, and Stephenville
  • Located in the Dallas/Fort Worth MSA with 58,969 Residents within a 5-Mile Radius
  • Growing Trade Area - Households and Population Projected to Increase 5% in the Surrounding Area Over the Next 5 Years
  • Easily Accessible Location via US Highway 377 (35,882 Cars per Day)
  • Average Household Income Exceeds $99,000 in the Surrounding Area

Broker Information