16815 Spring Creek Forest Dr | Spring, TX 77379
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This Office Property is no longer advertised on LoopNet.com.
16815 Spring Creek Forest Dr
Spring, TX 77379
10 Yr NNN Dental | Spring, TX | 2.5% Inc · Office Property For Sale

INVESTMENT HIGHLIGHTS
- Dental facilities rarely relocate due to high build-out costs and difficulty in retaining the same patients after moving.
- Medical properties are highly sought-after for their security of investment and their resistance to economic downturns
- Extremely Dense Market – There are over 315,000 residents within a five-mile radius of the property; Spring is one of the fastest growing cities in US
- Affluent Demographics – Average household incomes are north of $145,000 within 1, 3 and 5 miles of the property.
- Passive 10 Year NNN Lease Structure – This long term NNN lease provides the owner with a merely investment opportunity
- Inflationary Hedge – 2.50% annual rental increases offer a strong boost in cashflow throughout ownership.
PROPERTY FACTS
Property Type
Office
Property Subtype
- Medical
- General Retail Drugstore
- General Retail Fast Food
- General Retail Veterinarian Kennel
Building Size
4,402 SF
Building Class
A
Year Built/Renovated
1987/2019
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,402 SF
Building FAR
0.12
Lot Size
0.81 AC
LINKS
PROPERTY TAXES
| Parcel Number | 0430330000068 | Improvements Assessment | $456,832 |
| Land Assessment | $212,460 | Total Assessment | $669,292 |
PROPERTY TAXES
Parcel Number
0430330000068
Land Assessment
$212,460
Improvements Assessment
$456,832
Total Assessment
$669,292
Listing ID: 31154261
Date on Market: 3/7/2024
Last Updated:
Address: 16815 Spring Creek Forest Dr, Spring, TX 77379
The Cypresswood Office Property at 16815 Spring Creek Forest Dr, Spring, TX 77379 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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