3602 Vista Rd | Pasadena, TX 77504
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- LoopNet Team
3602 Vista Rd
Pasadena, TX 77504
MB2 Dental | 10 Yr NNN | 2-Tenant | 7.4% Cap · Office Property For Sale
INVESTMENT HIGHLIGHTS
- MB2 Dental is one of the most sought-after tenants in the Healthcare space, recognized as the fastest growing dental company in the US
- Net Lease Investment — This NNN lease provides the owner with a merely passive investment opportunity with minimal landlord responsibilities
- Tenant Investment in Location — Dental support organizations rarely relocate due to high build-out costs of and difficulty in retaining patients
- Recently Executed Leases — In addition to the new 10-year lease from MB2, Tom Clay State Farm executed a new lease extension in August of 2023
- Scheduled Rental Increases — 2.00% annual rental increase for each tenant provide future landlords with a boost in cashflow
- Specialized Tenancy — Pasadena Family Dentistry serves its communities in providing general, cosmetic, and restorative dental care to all ages
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
7,215 SF
Building Class
B
Year Built/Renovated
1975/1991
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,183 SF
Building FAR
0.29
Lot Size
0.58 AC
PROPERTY TAXES
| Parcel Number | 0341950000037 | Improvements Assessment | $617,008 |
| Land Assessment | $150,018 | Total Assessment | $767,026 |
PROPERTY TAXES
Parcel Number
0341950000037
Land Assessment
$150,018
Improvements Assessment
$617,008
Total Assessment
$767,026
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