13233 Medical Complex Dr - Assisted Livings FOR SALE


Tomball, TX 77375
$3,820,000 USD
248-688-0630
13233 Medical Complex Dr, Tomball, TX for Sale
$3,820,000 USD
Assisted Livings - FOR SALE
1/5
null | 5.5% Cap Rate

13233 Medical Complex Dr
Tomball, TX 77375


HIGHLIGHTS

  • Over 11.5 Years Remaining | Scheduled Rental Increases | Personally Guaranteed | Well-Known & Established Tenant
  • Dense Retail Corridor | Strong Tenant Presence | Across From HCA Houston Healthcare Tomball
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along Medical Complex Drive | Centralized Location | Nearby Residential Communities | Strong Trade Area Demographics

OVERVIEW

• The tenant has over 11.5 years of firm term remaining with 3 (5-year) option periods left to extend • The lease features 2% annual rental increases throughout the initial term and option periods, growing NOI and hedging against inflation • The lease is personally guaranteed - tenant and guarantors are to report sales upon request

FOR SALE DETAILS

PRICE

$3,820,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Green Care | 11.5+yrs Abs NNN

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

AG

APN/PARCEL ID

1302030020001

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.