604 S Madison St | Madisonville, TX 77864
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- LoopNet Team
604 S Madison St
Madisonville, TX 77864
Langley Dental · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with ZERO landlord responsibilities.
- Tenant responsible for all maintenance, including roof and structure.
- Great exposure to commuting vehicles to and from Highway 21, Highway 75, and a short distance from I-45.
- 14.5 Years remaining on a 15-year primary term with extension options.
- 2.50% annual base rent increase.
- Texas has no State Income Tax.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
4,193 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,193 SF
Building FAR
0.11
Lot Size
0.89 AC
Parking
30 Spaces (7.15 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 18271 | Improvements Assessment | $826,970 |
| Land Assessment | $102,040 | Total Assessment | $929,010 |
PROPERTY TAXES
Parcel Number
18271
Land Assessment
$102,040
Improvements Assessment
$826,970
Total Assessment
$929,010
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