4,386 SF building that is 100% occupied by The Center for the Healing Arts & Sciences (thecenterforhas.com).
Core Houston location in highly sought after Montrose area.
Lease Type: NNN (zero Landlord responsibilities).
Tenant generating strong revenue with an established and growing medical practice offering multiple patient services.
Located in close proximity to Spur 527 and Southwest Freeway, minutes from the Ion District, Midtown, Downtown, the Museum District, and Texas Medical Center.
Continued population growth in this inner loop area of Houston, with multiple new upscale multifamily development projects within ½ mile of Property.
Average household income of $118K within 1-mile radius and $124K within 3-mile radius.
High occupancy in the area and lack of comparable available product creates investor security.
Lease term of approximately 8.5 years remaining
NOI = $150,000
Rent bumps 10% effective 6/1/28 and during renewal option period.