MyEyeDr. Houston, TX

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+

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