7910 W Rayford Rd
Spring, TX
Price:
$4,820,000
Cap Rate:
6.25%
NOI:
$301,250
Building Size:
Approx. 15,000 Sq. Ft.
Lot Size:
Approx. 1.5 Acres
Type:
Single-Tenant / Retail
Sub Category:
Medical / Office
Year Built:
2020
Investment Overview
- 2020 Construction 15,000+/- SF Building on 1.50+/- Acre Site
- New 20-year Corporate Absolute NNN Lease with 2% annual increases
- Strategically located along Rayford Rd. (11,200 VPD) in the Woodlands, an affluent Houston, TX community
- 2-miles from the subject property is the busiest general aviation airport in Texas and one of the busiest general aviation airports in the U.S. (average aircraft operations 223,585 annually)
- Approximately 27-miles north of Houston | $105,628 average household income within 1-mile
- Greater Houston (MSA) | 5th largest MSA in the U.S. | Population 7M+