This property is Off-Market

12345 Katy Freeway
Houston, TX 77079 ·

13 Beds · Health Care For Sale

N/A

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Concentra NNN Medical ***PRICE REDUCED***

Price N/A Commission Split 1.5%
No. Beds 13 Cap Rate 7%
Property Type Health Care Tenancy Single
Property Sub-type Acute Care Hospital Lot Size 1.09 AC
Property Use Type Net Lease Investment with 8 years left on lease
Listing ID: 15333263 Date Created: 09/12/2007 Last Updated: 04/20/2009

Description

As the exclusive agency for this property, Jack Holler Commercial Real Estate is proud to present the Concentra Health Services net-leased health care facility in Katy, TX for sale. This NNN property secured by a long-term lease to a multi-billion dollar corporation represents a solid, reliable investment for someone looking for long-term stability and growth.

Concentra Health Services is one of the largest managed-care facilities companies in America with hundreds of locations and millions of patient visits each year. With more people moving to and retiring in the Houston area every year, this tenant location should see significant increases in business in the years to come.

Beyond reliability of the tenant, this property also presents significant upside potential for the savvy investor. The property offers 3% annual increases beginning in December 2012.

This property should be an ideal investment for an experienced (or a novice) investor.

Property is listed in conjunction with Realty Associates Humble.

Katy is an affluent suburb of Houston, housing the nation' s energy corridor. This location is irreplaceable due to two main factors: first, it is within eyesight of several Big Oil corporate headquarter facilities. Second, due to its placement on the Katy Freeway, nearly half a million cars pass by the site every day. Any location in America would be more than happy to have this kind of traffic.

Research

12345 Katy Freeway, Houston, TX 77079 (Harris County)

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