22678 Highway 59 | Porter, TX 77365
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22678 Highway 59
Porter, TX 77365
NEIGHBORS EC | 9% Cap | Abs NNN · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Highly Profitable Location: The tenant's revenue has continued to grow at this location with record profitability in 2024.
- Experienced, Reliable Operator: Altus Health System, Texas’s largest operator of freestanding emergency centers, runs 30 successful locations.
- Embedded in the Valley Ranch Master-Planned Community: The property is part of the expansive 14,000-acre Valley Ranch Master-Planned Community.
- Explosive Population Growth and Affluent Demographics: Positioned in a thriving Houston suburb, the area boasts a population of 114,000.
- “Hands-Off” Absolute NNN Lease: With an absolute NNN lease in place, all expenses—taxes, insurance, and maintenance.
- Corporate Guarantee Backed by a Trusted Industry Leader: This lease is secured by a corporate guarantee from Altus Health System.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
8,000 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.19
Lot Size
0.96 AC
Zoning
None
Parking
14 Spaces (1.75 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 9412-81-00103 | Improvements Assessment | $1,480,780 |
| Land Assessment | $419,220 | Total Assessment | $1,900,000 |
PROPERTY TAXES
Parcel Number
9412-81-00103
Land Assessment
$419,220
Improvements Assessment
$1,480,780
Total Assessment
$1,900,000
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