October 12, 2021 – Brad Canova and Adam Siegel of Horvath & Tremblay have successfully completed the sale of HCM Surgery Center in Marble Falls, Texas. Horvath & Tremblay represented the buyer, to complete the transaction at a sale price of $7,000,000.
HCM Surgery Center is located at 204 Gateway N in Marble Falls, Texas. The stand-alone building consists of 14,398 square feet on a 3.81-acre lot. HCM Surgery Center has 3+ years remaining on their 15-year triple net (NNN) lease. The lease calls for scheduled rent increases throughout the base term. Constructed in 1997, the property was constructed for medical use and is an Ambulatory Surgery Center that features three (3) “Class C” operating rooms. The property is strategically positioned adjacent to US Highway 281, the area’s primary commercial and commuter corridor. The closest hospital is 12.5-miles away in Burnet. Marble Falls is located approximately 50 miles west of Austin the state capital.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.