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32635517
32635516

3401 COUNTY RD 58, MANVEL, TX 77578-2927 For Sale

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
$4,565,000
66 days on market
Updated 43 days ago

Action Behavior Centers - Manvel, TX

Details
APN 0563-0004-003
Property Type Retail
Sub Type Day Care/Nursery, Storefront
Square Footage 7,535
Net Rentable (SqFt) 7,535
Units 1
Cap Rate 6.5%
NOI $296,728
Occupancy 100%
Tenancy Single
Lease Term 7.2
Lease Expiration 09/30/2031
Remaining Term 5.2
Rent Bumps Yes
Lease Options 2 X 5 Year Options
Price per SqFt $606
Class A
Year Built 2023
Buildings 1
Stories 1
Acreage 1.210
Zoning Com
Investment Type Net Lease
Lease Commencement 08/02/2024
Ground Lease No

Recent Class A Construction 6.50% Cap Rate STNL For Sale in Manvel (Houston MSA)

Marketing description

  • Behavioral Clinic Demand Has Shown Significant Increases and Strong Cash Flow Profitability
  • Lease Benefits from Annual Rent Increases
  • Recent, Class A Construction in 2023 With Repurposable Building Design
  • Strong Demographics: $105,000 Average Household Income Within One Mile and $147,000 Within Three Miles
  • Manvel is Experiencing Significant Residential Growth, Directly Benefiting Tenant

Investment highlights

Marcus & Millichap is pleased to exclusively list for sale Action Behavior Centers - Manvel, a single-tenant building occupied by Action Behavior Centers, located at 3401 County Road 58 in Manvel, Texas.

Action Behavior Centers is a provider specializing in ABA therapy services for children with autism—an essential, recession-resistant healthcare niche supported by growing demand nationwide. Action Behavior Centers has demonstrated substantial recent expansion, adding multiple new facilities across several states and growing to a national footprint of over 400 locations. This scale-up underscores the strength of its operating model and reinforces tenant stability through sustained corporate growth.

Built in 2023 and situated on approximately 1.21 acres, the asset benefits from modern construction and strong underlying real estate fundamentals in a rapidly expanding trade area near Highway 288.

Manvel has experienced a boom in residential development, given its connectivity to Houston and major employment drivers, like the Texas Medical Center. Manvel boasts many premier master-planned communities, such as Pomona, Rodeo Palms, and more. Given the substantial number of existing rooftops nearby and in-development, Action Behavior Centers of Manvel directly benefits from these residents as drivers of new clients.

Action Behavior Centers - Manvel, TX is offered at a price of $4,565,000, which represents a 6.50 percent day one cap rate with annual rent increases. The tenant has more than five years remaining on its primary term, and two five-year renewal options.

Listing Contacts

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$296,728.00
$24,727.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Gus Lagos
License
TX 419197
Name
Alex Wolansky, CCIM
License
TX 702899
Brokerage Phone
7134524200
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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