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1102 Callahan Ave
Conroe, TX 77301
Single Tenant NNN Healthcare Asset For Sale · Office Property For Sale
Investment Highlights
- Single Tenant NNN Healthcare Asset: Provides passive ownership with minimal landlord responsibilities and predictable income.
- Defensive Healthcare Asset Class: Healthcare and assisted living uses benefit from strong demographic trends and recession-resistant demand.
- Mark-to-Market Rental Upside: Opportunity to increase rental income to market rates upon lease expiration.
- Long-Term Lease (±7 Years Remaining): Offers stable cash flow backed by a long-term lease structure.
- 1031 Exchange Eligible Investment: Ideal for investors seeking passive replacement property with stable income.
- Potential Value Appreciation Through Cap Rate Movement: Future upside driven by continued demand for net lease healthcare investments.
Property Facts
Property Type
Building Size
3,968 SF
Building Class
B
Year Built/Renovated
1972/2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,968 SF
Building FAR
0.40
Lot Size
0.23 AC
Zoning
1
Parking
7 Spaces (1.76 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 6800-00-10900 | Improvements Assessment | $446,008 |
| Land Assessment | $20,250 | Total Assessment | $466,258 |
Property Taxes
Parcel Number
6800-00-10900
Land Assessment
$20,250
Improvements Assessment
$446,008
Total Assessment
$466,258
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