5020 Space Center Blvd - Health Care FOR SALE


Pasadena, TX 77505
$14,000,000 USD
713-877-8400
5020 Space Center Blvd, Pasadena, TX for Sale
$14,000,000 USD
Health Care - FOR SALE
1/3
null | 7.14% Cap Rate

5020 Space Center Blvd
Pasadena, TX 77505


HIGHLIGHTS

  • Long Term Established Tenant

OVERVIEW

The Subject Property’s address is 5020 Space Center Blvd., which is located in close proximity to Sam Houston Tollway with a population of almost 248,000 in a 5 mile radius with mover than 61,000 residents over the age of 55. The facility is ideally positioned on Space Center Blvd. which sees an average of over 19,000 cpd and also in close proximity to Genoa Red Bluff which sees over 24,000 cpd. The property is currently under a 20 year absolute triple net lease that commenced in December 2011 and has over 9 years remaining.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

7.14%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baywood Crossing

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.85 AC

LAND SF

167,706 SF

ZONING

N/A

APN/PARCEL ID

1326440010002

ASK ABOUT THIS PROPERTY

Andrew Sowell, SIORBoyd Commercial, LLCMore Info
713-877-8400

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Andrew Sowell, SIORBoyd Commercial, LLCMore Info
713-877-8400

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