5602 Health Center Drive

Winning Bid: $2,000,000
  No hidden reserves. What's this?
No Hidden Reserve

If there is no hidden reserve set for this auction, then the Seller has agreed to sell the property as long as he or she receives the Minimum Bid amount.
Cap Rate: N/A What's this?
Cap Rate

Capitalization rate (Cap Rate) is a measure of the ratio between the net operating income produced by the property and its sale price. Because property taxes will adjust based on the final sales price, the Cap Rate can either be current or a future estimate. Please contact the Listing Broker to understand how the Cap Rate is calculated for this property.
Per SF: $49 per SF
Start Time: 7/21/2010 11:00 AM CST
End Time: 7/21/2010 3:00 PM CST
  Or 5 minutes after the last bid. Why?
End Time 5 minutes after the last bid

The Auction Period will end at the specified End Time or 5 minutes after the last bid is entered. This prevents last-minute bidders from winning the auction without giving other bidders ample opportunity to bid.

This auction has ended.

Winning Bid: $2,000,000

Bidder# 5351

Property Overview

View Full Property Details
Name: West Texas Medical Center    
Address: 5602 Health Center Drive
Abilene, TX 79606 		view mapView Map  
Type: Office Year Built: 2005
Building Size: 40,633 SF Parking: 92
Occupancy: 0 %
Highlights:
  • OPEN HOUSE – Tours starting at 1PM on July 12, 2010
  • Far Below Replacement Cost
  • Positive Industry Trends, Low Unemployment
  • Strong Demographics
  • Attractive Financing for Users
  • Health Care Void in West Abilene
  • No hidden reserve pricing

Thank you

Bids are not accepted at this time.

The Auction will be held July 21, 2010 from 11:00 AM to 03:00 PM.

Please return during that period to place your bid.

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Chris Bodnar
CB Richard Ellis, Inc.
chris.bodnar@cbre.com
(303) 628-1711

Jonathan Napper
CB Richard Ellis, Inc.
jonathan.napper@cbre.com
(972) 458-4966

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