Graystone Capital Advisors presents a single-tenant net-leased medical office investment at 205 22nd Street in Hondo, TX, consisting of a 7,300 SF freestanding building on a 47,045 SF parcel, 100% leased to U.S. Renal Care under a long-term corporate-guaranteed NNN lease. The property is offered at $2,595,000 with a 7% cap rate.

The lease has approximately 4.2 years remaining in the primary term plus a single five-year option, with 2% annual rent increases throughout, providing embedded income growth and an inflation hedge. The NNN structure places nearly all operating expenses and maintenance responsibilities on the tenant, resulting in a passive ownership profile with stable in-place cash flow.

U.S. Renal Care is a national dialysis operator with a corporate guarantee supporting the lease, operating within the healthcare sector where demand is driven by non-discretionary, demographic-based need. This provides a defensive income stream with limited sensitivity to economic cycles.

Overall, the asset combines fee simple ownership, credit-backed tenancy, contractual rent growth, and a healthcare-driven use case, positioning it as a stabilized net lease investment suitable for investors seeking long-term, passive income.