1335 La Concha Lane
Houston, TX
Price:
$2084000
NOI:
$125,000
Building Size:
Approx. 10000 Sq. Ft.
Lot Size:
Approx. 1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Medical / Dental
Year Built:
1984
Investment Overview
- 10,000+/- SF Building on 1.00+/- Acre Site
- Recently exercised two 5-Yr options to extend initial lease through Dec of 2024
- Located along La Concha, just S of Old Spanish Trail (35,970 VPD) & S Main St (48,942 VPD)
- Near Toys R Us, PetSmart, Big Lots!, Ross, Super Target, Kroger, Starbucks, Chipotle, Walgreens, & CVS
- Proximity to: Texas Medical Center (7M Patients/Yr) | Rice University (6,082 Enrol.) | University of Houston (40,914 Enrol.)
- Attractions: Reliant Center (706,000 SF) | NRG Stadium (Houston Texans – NFL) | NRG Astrodome (Houston Astros – MLB)
- Major Employers: BP America (9,537 Empl.) | Shell Oil Co. (3,000 Empl.) |ConocoPhillips (2,600 Empl.)
- Houston is 2nd to New York City in Fortune 500 HQ’s & placed in Forbes’ “Top 5 Best Big Cities for Jobs”
- 5-Mile Radius: 2015 Estimated Population: 414,342 l 3-Mile Average Household Income: $116,844
- Houston – Sugar Land – Baytown (MSA): 6th Largest MSA in US | Population: 5,946,800