Historical Health Care Sale Listing - Concentra NNN Medical ***PRICE REDUCED***

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Concentra NNN Medical ***PRICE REDUCED***

12345 Katy Freeway, Houston, TX 77079

N/A

13 Beds | Health Care

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Health Care Property - Off Market

Price:
N/A
No. Beds:
13
Property Type:
Health Care
Property Sub-type:
Acute Care Hospital
Property Use Type:
Net Lease Investment with
8 years left on lease
Commission Split:
1.5%
Cap Rate:
7%
Tenancy:
Single
Lot Size:
1.09 AC
Listing ID
15333263
Last Updated
over 1 year ago

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.

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

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