Exceptional opportunity to acquire a stabilized two-tenant dental office investment located in Pasadena, Texas, within Houston’s southeast medical and professional corridor. Both suites are leased to established dental practices with lease terms extending through 2030 with an additional 5 year option to extend, providing reliable cash flow and predictable income growth through 2.5% annual rent escalations. Priced at $1,300,000, this asset offers investors a 7.1% cap rate and a secure, long-term income stream from service-based tenants in a strong suburban healthcare market.
Property Highlights:
Total Building Size: ±4,978 SF (Suite 101: ±2,986 SF | Suite 102: ±1,992 SF)
Lot Size: ±0.42 Acres
Year Built: 1999
Lease Type: Modified NNN – tenants pay insurance, CAM, and utilities; landlord pays property taxes and structure
Lease Term: Both leases extend through 2030
Annual Rent Increases: 2.5%
Occupancy: 100% leased to long-term dental tenants
Recent Capital Improvements
Ownership has proactively invested over $40,000 in property improvements, significantly reducing near-term capital exposure:
Two new HVAC systems (2020)
Roof and electrical repairs (2019–2024)
Plumbing upgrades (2025)
New landscaping and parking lot improvements (2025)
Fire/life safety and water meter updates (2024)
Investment Highlights
Stable Cash Flow: 100% occupied by two established dental practices with leases through 2030
Strong Yield: 7.1% cap rate with consistent 2.5% annual rent escalations
Low Management: Modified NNN structure with tenants covering insurance, CAM, and utilities
De-Risked Investment: Major capital items recently addressed minimal near-term maintenance risk
Growing Market: Located in a thriving medical and professional corridor serving southeast Houston
Attractive Exit Potential: Steady rent growth and strong submarket fundamentals support long-term appreciation and liquidity
Location Overview
Situated in Pasadena, part of the Greater Houston metro area, the property benefits from a robust medical and professional presence anchored by HCA Houston Healthcare Southeast and a network of dental and healthcare providers. The surrounding community offers strong demographics, visibility, and easy access to major roadways, supporting long-term tenant retention and investor stability.