10845 Kuykendahl Rd - Medical FOR SALE


The Woodlands, TX 77382
$3,664,000 USD
832-476-3440
10845 Kuykendahl Rd, The Woodlands, TX for Sale
$3,664,000 USD
Medical - FOR SALE
1/4
null | 6.3% Cap Rate

10845 Kuykendahl Rd
The Woodlands, TX 77382


HIGHLIGHTS

  • 100% Leased Medical Office Asset
  • Long-Term, Contractual Cash Flow
  • Strong Rent Growth & Inflation Hedge
  • Recent Capital Improvements/No Deferred Maintenance
  • Premier Woodlands Location
  • Dense & Affluent Demographics

OVERVIEW

Northmarq is pleased to present to qualified investors the opportunity to acquire a fee simple interest in Flintridge Medical Building, located at 10845 Kuykendahl Road in The Woodlands, Texas (the “Property”). Flintridge Medical is a 100% leased, three-tenant medical office building serving an affluent and established surrounding community. The Property is occupied by a dentist, chiropractor, and dermatologist, each operating under triple-net (NNN) leases with annual rent escalations ranging from 2.5% to 3.0%. The Property is strategically located in The Woodlands, approximately 36 miles north of downtown Houston, at the signalized intersection of Kuykendahl Road (21,382 vehicles per day) and Flintridge Road.

FOR SALE DETAILS

PRICE

$3,664,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flintridge Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

8274-00-00800

ASK ABOUT THIS PROPERTY

Riley SharmanNorthmarqMore Info
832-476-3440

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Riley SharmanNorthmarqMore Info
832-476-3440

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