Pearl Street Dental

Marshall, Texas

NNN Pro Group is pleased to present the exclusive listing for a Pearl Street Dental located at 100 Forest Terrace in Marshall, Texas. The site consists of roughly 3,903 rentable square feet of building space on estimated 0.30-acre parcel of land. This Pearl Street Dental is subject to a 15-year absolute triple-net (NNN) lease, which commenced May 15th, 2019. The current annual rent is $150,000 and is scheduled to increase by 1.75% throughout the base term and in each of the 6, 5-year renewal options.

Key Details

Price:: $2,307,692
Cap Rate:: 6.50%
Annual Rent:: $150,000
Address:: 100 Forrest Terrace, Marshall, Texas 75670
Property Type:: Net-Leased Dental
Lease Type:: Triple Net (NNN)

Original Lease Term:: 15 Years
Lease Commencement:: May 15, 2019
Lease Expiration:: May 31, 2034
Lease Term Remaining:: 10 Years
Rental Increases:: 1.75 Annually
Lot Size:: .3 Acres
Building Size:: 3,903 SF
Tenant:: Pearl Street Dental

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Matthew Anuszkiewicz

manuszkiewicz@nnnpro.com

License: 10401294046

Francis Purritano

fpurritano@nnnpro.com

License: 10401333619

Walker Stevens

wstevens@nnnpro.com

Broker of record

Brian Brockman

Bang Realty

License: 701472

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