Morgan Avenue Medical Center is a 3,900-square-foot, multi-tenant medical center that is located directly off of a main freeway in Corpus Christi, Texas. The center is 100 percent occupied, and 100 percent of the gross leasable area has triple-net leases. The tenant base is made up of two service-oriented businesses including Epic Pain Management and Express Pain and Urgent Care. Constructed in 1985, the building is situated on a 0.26-acre lot.
The subject property is located on Crosstown Expy with 143,979 vehicles per day and within close proximity to Interstate-37 with 82,990 vehicles per day. Morgan Avenue Medical Center is surrounded by many national and regional retailers including H-E-B, McDonald’s, Taco Bell, Whataburger, Family Dollar and many more.
- 3,900-Square-Foot, Multi-Tenant Medical Center
- Fully Stabilized Asset | 100% Occupied
- Fair Market Value with Triple-Net Leases
- Both Suites were Recently Renovated for Medical Practitioners
- 2% Annual Rent Bumps to Hedge Against Inflation
- Freeway Location Offering Great Visibility : 109,764 Vehicles per Day on Crosstown Expressway
- Surrounding Area has Desirable Demographics | Average Household Income within a 5-Mile Radius is $51,902 | Total Population within a 5-Mile Radius is 143,979
- Located on a Hard Lighted Intersection near many National and Regional Tenants including H-E-B, McDonald’s, Taco Bell, Whataburger, and Family Dollar
- In Close Proximity to Christus Spohn Hospital Corpus Christi which is the Largest and Foremost Acute Care Medical Facility in the Region, with a Full Range of Diagnostic and Surgical Specialty Services in Cardiac, Cancer, and Stroke Care
- The City is Home to the Fifth-Largest Port in the United States, a Naval Air Station that Employs 6,200 Civilians, and the Army Depot that is the Largest Helicopter Repair Facility in the World
