4850 Main St
Houston, TX
Price:
$1,255,384
Cap Rate:
6.50%
NOI:
$81,600
Building Size:
Approx. 3,100 Sq. Ft.
Type:
Single-Tenant / Medical
Sub Category:
Medical / Dental
Year Built / Renovated:
1998 / 2023
Investment Overview
- 1998 Construction/2023 Remodel. 3,100+/- SF Building on 0.23+/- Acre Site
- 10+ Years Remaining On Corporate Net Lease With Rent Increases Every 5 Years
- Strong Commitment to Location | 35+ Year Eye Dr. Occupancy and Recent Tenant Remodel in 2023
- Positioned on Main St (28,000 VPD) that connects Southwest Houston to the Downtown Central Business District. Main St Also has a Direct Exit off of Interstate 69, Which Sees Over 98,000 VPD
- Within 5 Miles of Several Major Economic Destinations: Downtown Houston, Rice University, University Of Houston, Texas Medical Center, The Galleria Mall, NRG Stadium, and West University
- MyEyeDr. Has Grown to Over 820 Locations Nationwide and was Recently Purchased By Goldman Sachs
- Houston | Most Populous City in Texas | Population: 2.31M+