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Fawcett Center For Dentistry | NNN Dental 13956 Cutten Rd 3,735 SF 100% Leased Office Building Houston, TX 77069 $1,665,386 ($445.89/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- STAR Dental Partners | 2023 Practice Acquisition | 100+ Unit Operator DSO
- 2% Annual Rental Increases | Hedge Against Inflation | Continue Throughout Life of Lease
- NNN Lease | Passive Ownership Structure | Minimal Landlord Responsibility
- 2% Annual Rental Increases | Hedge Against Inflation | Continue Throughout Life of Lease
- Tenant Investment in Location | Difficulty in Moving | Purpose Built Location
- Ideal Location Adjacent to Dense Retail Trade Area | Houston, TX MSA | 2ND Highest Growing in Country | Affluent Demographics
EXECUTIVE SUMMARY
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,735 SF
Building Class
A
Year Built
2001
Price
$1,665,386
Price Per SF
$445.89
Cap Rate
7%
NOI
$116,577
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,735 SF
Building FAR
0.17
Lot Size
0.52 AC
Zoning
Office - Office
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PROPERTY TAXES
| Parcel Number | 1219100010001 | Improvements Assessment | $595,184 |
| Land Assessment | $239,960 | Total Assessment | $835,144 |
PROPERTY TAXES
Parcel Number
1219100010001
Land Assessment
$239,960
Improvements Assessment
$595,184
Total Assessment
$835,144
CONTACTS
-
Antonio Diona -
Michael Moreno -
Rahul Chhajed -
Matthews Real Estate Investment Services
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Fawcett Center For Dentistry | NNN Dental | 13956 Cutten Rd
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