13058 Grant Road
Cypress, TX
Price:
$4,608,000
Cap Rate:
6.25%
NOI:
$288,000
Building Size:
Approx. 10,000 Sq. Ft.
Lot Size:
Approx. 0.91 Acres
Type:
Single-Tenant / Medical
Year Built:
2017
Investment Overview
- 2017 Construction. 10,000+/- SF Building on 0.91+/- Acre Site
- New 15 Yr Absolute NNN Lease w/ 10% Rent Increases Every 5 Yrs
- Excellent Location in the Affluent Suburb Cypress Near Kroger, Goodwill, Walgreens
- Village Green Alzheimer’s Care is Expanding in the Houston/DFW market (10 New Facilities)
- Houston Attracted 1.1 Million New Residents from 2010-2018 and Continues Growth
- Strong Income Demos w/ $172,529 within a 1-Mile Radius
- Houston | Home to the Texas Medical Center | Population: 2.33MM+