HIGHLIGHTS
- Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 10% Rental Increase in Year 6 and in Option.
- 100% Occupied by the Center for the Healing Arts and Sciences, an Established and Expanding Integrative Medical Practice.
- Located in a High Traffic Inner Loop Corridor with Immediate Access to Westheimer Road and Shepherd Drive.
- Strategically Positioned Near Texas Medical Center, the Largest Medical Complex in the World, Driving Consistent Demand from Healthcare Professionals.
- Located within Close Proximity to University of Houston and Rice University Providing Access to a Large Student and Faculty Population Base.
- Prime Inner Loop Location within Houston’s Highly Sought After Montrose Submarket Offering Direct Access to Dense Population & Affluent Demographics.
OVERVIEW
The Center for Healing Arts & Sciences | Absolute Net Ground Lease | 100% Occupied by The Center for the Healing Arts & Sciences, an Established & Expanding Integrative Medical Practice | Core Montrose Location in Houston’s Inner Loop – One of the City’s Most Desirable Submarkets | Excellent Access to Spur 527, Southwest Fwy, and Key Employment Hubs including Downtown, Midtown, and the Texas Medical Center | Dense Houston Infill & Affluent Area: 532k+ People and $132k+ within 5 Miles
FOR SALE DETAILS
PRICE
$2,068,966 USD
PRICE/SF
$472 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
THE CENTER FOR HEALING ARTS & SCIENCES
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
1938
SPRINKLERS
-
PARKING SPACES
9
LAND DETAILS
LAND ACRES
0.21 AC
LAND SF
9,148 SF
ZONING
None
APN/PARCEL ID
0082610000014
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858-373-3184
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