825x500_urgentcare

UT Health

2119 ESE Loop 323 Tyler, TX 75703

uthealth_cropped

Price: 

$2,517,319

Cap:

5.00%

NOI:

$125,865

Square Footage:

3,055

Lot Size:

.56 Acres

Year Built/Remodeled:

2014

Owner is licensed Broker in Ohio acting as principal only

Property Description: 

University of Texas (UT) Health of East Texas Urgent Care. New 10 year NN lease (roof & structure) with 3% annual rent increases. The tenant is investing $1M into interior and exterior improvements showing long term commitment to the site. New 30 year roof (2014) with all new mechanicals including, HVAC, electrical, plumbing, and parking lot.

The 35’ freestanding pole sign and electronic reader board (tallest at corner) provide unmatched visibility to both the Loop & Troup and would be impossible to get approved today.

The site benefits from being located at one of the top trade intersections in Tyler with 70,000 VPD; Loop 323 & Troup Highway. It is surrounded by newer Walmart Neighborhood Market, Hobby Lobby, At Home, McDonald’s, Walgreen’s, Chick-fil-A, SBUX, Texas Roadhouse and many other national credit tenants.

It’s close in proximity to the University of Texas at Tyler; approximately 1.3 miles to the east and has over 9,000 students. The college recently announced a new medical program and expects to increase overall enrollment.

Simon Property Group’s Broadway Square Mall is to the west and the only regional mall in east Texas.

The development and growth in Tyler continues its upward trajectory with 2% annual population increases. The location has excellent demographics with very strong average household income in excess

Investment Highlights:

UT Health 10 year NN lease with 3% annual rent increases
Below market rent commenced February 2026; opening June
Tenant investing $1M+ improvements into exterior facade/interior
Top signalized intersection in Tyler, TX with 70,000 VPD
Surrounded by national tenants
Excellent demographics with 2.2% annual population growth and $98K AHHI within 1 mile
Completely renovated in 2014/2026 with new roof and mechanicals
Unmatched visibility from both Loop 323 and Troup Highway

Financial Summary:

All cash

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