Village Green Alzheimer’s Care Spring, TX

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┬álargest MSA in the U.S. | Population 7M+