9700 Louetta Rd - Medical FOR SALE
Spring, TX 77379 |
9700 Louetta Rd
Spring, TX 77379
HIGHLIGHTS
- Tenant Investment in Location – Dental facilities rarely relocate due to high build-out costs and difficulty in retaining the same patients
- Inflationary Hedge – 2.50% annual rental increases offer a strong boost in cashflow throughout ownership.
- Ideal 1031 Exchange Investment – This NNN lease provides a very passive investment vehicle for both local and out-of-state investors
- Brand-New Class A Construction – This state of the art 8,800 SF facility serves as the flagship location for the tenant as it was built in 2020
- Extremely Dense Market – There are over 270,000 residents within a five-mile radius of the property; Spring is one of the fastest growing cities in TX
- Affluent Demographics – Average household incomes are north of $110,000 within 1, 3 and 5 miles of the property.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Consultants in Dental Aesthetics
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Fast Food, Freestanding
TOTAL BUILDING SIZE
8822
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2020
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
1.26 AC AC
LAND SF
55,047 SF
ZONING
-
APN/PARCEL ID
1181970010002
