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1306 Morgan Ave
Corpus Christi, TX 78404 Downtown Corpus Christi

$1,234,000 USD

Medical For Sale  •  2,200 SF

Property Details

• Property Type Medical
• Total Building Size 2,400 SF
• Lot Size 0.33 AC
• Building Class B
• Year Built 2014
• Cap Rate 7.00 %
• Tenancy Single

30 Transit Score

70 Walk Score

Highlights

Smiley Dental & Orthodontics Sale-Leaseback

25 Unit Corporate Guarantee

15-Year Absolute NNN with Four 5-Year Options

Annual 2% Increses and Zero Landlord Responsibilities

15-Year Blended CAP Rate of 8.07% & $1,494,000 Total NOI Collected in the Initial Term

Smiley Dental Established in 2003 with Approximately 45 Providers and 220 Employees Currently

Property Flyers

OM-Smiley Dental - Corpus Christi-v1

Cap Rate:

7.00 %

Public Transportation

Airport	Drive	Walk	Distance
Corpus Christi International	15 min	-	7.3 mi