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10505 Jones Rd 10,914 SF Retail Building Houston, TX 77065 For Sale
Investment Highlights
- Built-in annual contractual rent escalations during the remaining primary term, plus three 5-year renewal options w/ 2.5% annual bumps in each option
- 2,600 Fresenius Kidney Care locations within the U.S. with continued rapid growth and expansion
- Positioned in a Northwest Houston healthcare hub and located in immediate proximity to several senior living facilities
- Investment grade (S&P: "BBB") and corporately guaranteed tenant with a $32B+ market cap
- Passive, low maintenance investment with limited Landlord responsibilities
- Highly visible, signalized hard corner at Jones Road and Fallbrook Drive, with direct access to FM 1960
Executive Summary
Fresenius Kidney Care corporate credit lease for sale with annual rental escalations in Houston, TX
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,914 SF
Building Class
B
Year Built/Renovated
1996/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.39 AC
Zoning
None
Parking
58 Spaces (5.31 Spaces per 1,000 SF Leased)
Frontage
156’ on Jones Rd
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 1187910010001 | Improvements Assessment | $2,480,640 |
| Land Assessment | $729,192 | Total Assessment | $3,209,832 |
Property Taxes
Parcel Number
1187910010001
Land Assessment
$729,192
Improvements Assessment
$2,480,640
Total Assessment
$3,209,832
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10505 Jones Rd
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