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32315295

Gulf Freeway, Houston, TX 77034

SR
TX 9009637, CA 02101543 (+42)
ParaSell Inc
JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by ParaSell Inc, CrownPoint Partners
$8,325,000
31 days on market
Updated 31 days ago

Total Point ER | 20 Yr Abs NNN | Houston, TX

Details
Property Type Retail, Office
Sub Type Medical Office, Nnn medical
Square Footage 8,500
Cap Rate 8%
NOI $666,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Walgreens (+4)
Lease Type Absolute NNN
Lease Term 20
Remaining Term 20
Rent Bumps Yes
Lease Options 2x 5 Year
Broker Co-Op True
Year Built 1982
Year Renovated 2026
Buildings 2
Acreage 0.440
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Surgery Center | 20 Yr Abs NNN | 8% Cap

Investment highlights

PROPERTY HIGHLIGHTS

• 20-Year Absolute NNN Lease Offers Predictable Cash Flow

• Forward Sale / Under Construction Opportunity

• Essential Healthcare Facility Operating as a Freestanding Emergency Room With 24/7 Operations

• 8,500 SF Medical Facility Building Situated on a 0.44-Acre Parcel

• Corporate Guaranteed Lease Structure Enhances Credit Profile and Income Security

• No Landlord Responsibilities and Potential Tax Advantages, Including Opportunities for Accelerated Depreciation

• Ideal For Private Investors Or 1031 Exchange Buyers Seeking A Manageable, Income-Producing Healthcare Asset With Strong Credit Tenancy

• Located on a Signalized Corner With Excellent Visibility and Access

• Institutional-Scale Asset Size Well-Suited for Private Investors Seeking Predictable Cash Flow and Long-Term Hold Potential

• Positioned in a Dense Residential Trade Area With Consistent Healthcare Demand

• Houston Market Benefits From Strong Population Growth and Expanding Healthcare Infrastructure

Listing Contacts

SR
TX 9009637, CA 02101543 (+42)
ParaSell Inc
JS
CA 02074212
CrownPoint Partners
DB
CA 02108110
CrownPoint Partners
Listed by ParaSell Inc, CrownPoint Partners

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$666,000.00
$55,500.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

Map

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Additional Information

Name
Scott Reid
License
9009637
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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