106 Cedar Street

SUMMARY

  • Lease Rate $14/SF + NNN
  • Building Size 5,500 SF
  • Land Size 2.09 AC

PROPERTY OVERVIEW

OLDHAM GOODWIN GROUP is pleased to present this second-generation dialysis/healthcare building located in Hearne, Texas, for your consideration. Built in 2008, the vacant 5,500 SF medical office building sits on 2.09 acres in Robertson County. Formerly operated as a DaVita dialysis facility, the property is positioned for continued healthcare use or repositioning. Located two blocks from SH 6 and within the Bryan & College Station submarket, 106 Cedar Street benefits from regional access through Hearne via US-79, US-190, and SH-6. Offered for sale or lease and zoned Commercial, 106 Cedar Street provides an owner-user or investor the flexibility to occupy, lease, or reposition a purpose-built healthcare asset in an underserved regional market.

PROPERTY HIGHLIGHTS

  • — Former DaVita dialysis facility with existing medical improvements for continued healthcare use
  • — Build to suit healthcare facility constructed in 2008
  • — Existing medical buildout can reduce conversion costs for a healthcare user
  • — Monument signage, and covered patient drop-off already in place
  • — 6.41% projected population growth within 1 mile between 2025 and 2030
  • — 6.03% projected population growth within 5 miles between 2025 and 2030
  • — 2,565 households within 5 miles, with 6.04% projected household growth through 2030
  • — Consistent population growth across the 1-, 3-, and 5-mile trade areas
  • — Two blocks from SH-6 with convenient access to US-79 and US-190
  • — Hearne sits at the convergence of US-79, US-190, and SH-6
  • — SH-6 connects Hearne directly to the larger Bryan/College Station market
  • — Regional highway network expands the property’s reach beyond the immediate Hearne trade area
  • — Hearne is along the proposed Central Texas Corridor route for new Interstate 14, aka Gulf Coast Strategic Corridor connecting El Paso, Texas to Augusta, Georgia

Offering Memorandum

106 Cedar Street - OM