4650 Ranch Rd, Sachse, TX 75048
14,000 SF Health Care Building Offered at $6,669,086 at a 7% Cap Rate in Sachse, TX 75048
For Sale
Active
Asking Price $6,669,086
- Property Type
-
Health Care
- Square Feet
- 14,000 SF
Listing Contacts
Brandon Beeson
Bill Pyle
- Property Info
Property Overview
The Village Green (the “Property”) is a 14,000 square foot assisted living property located at 4650 Ranch Road in Sachse, Texas. The Property is a standalone senior care development positioned near the intersection of Ranch Road and State Highway 78. The property is surrounded by both single and multi-family residential developments. The Property was constructed in 2023 and will be in operation soon. The Village Green has a brand new, 16-Year personally guaranteed absolute net lease with built in base rent escalations every 5 years, including 3, 5-year renewal options.
Property Details
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Assisted Living
- Units
- 20
Highlights
- 2023 Construction
- Brand new, 16-year Absolute Net lease with built in rent escalations every 5 years.
- 3, 5-year renewal options.
- Strong Tenant Profile: Village Green Alzheimer’s Care is growing their successful concept and currently undergoing expansion across Texas
- Surrounded by dense housing market with strong median household incomes of $108,832 within 3 miles of the property.
- Population of over 210,000 residents within 5 miles of the property.
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