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5016 Gilmer Rd
Longview, TX 75604

$7,536,938 USD

Medical For Sale  •  13,857 SF

Property Details

• Property Type Medical
• Total Building Size 15,072 SF
• Lot Size 3.43 AC
• Building Class C
• Year Built 2006
• Cap Rate 6.50 %
• Zoning Office

0 Transit Score

8 Walk Score

Highlights

Established Regional Operator: The property is operated by Precision Spine Care, which has eight locations across Texas and Georgia

Long-Term Lease Security: Both tenant leases have more than 10 years of remaining term, providing durable and predictable cash flow visibility

NNN Lease Structure: The leases are structured as triple-net (NNN), minimizing landlord responsibilities and reducing exposure to operating expense

Contractual 3% Annual Rent Increases: Each lease features 3% annual rental escalations, delivering consistent year-over-year cash flow growth

Growing Pain Management Sector: The U.S. pain management market is projected to expand from $27.9 billion in 2024 to $38.5 billion by 2033 (3.7% CAGR)

Significant Build-to-Suit Investment: Tenant invested approximately $1.9M, reflecting substantial capital commitment and long-term dedication

Cap Rate:

6.50 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Longview (Texas Eagle - Amtrak)	13 min	-	8.6 mi