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841 Yale St
Houston, TX 77007
Office Property For Sale
Executive Summary
Three Story Medical Office Building
7,591 SF on 0.30 Acres
100% leased
3.5/1,000 SF Parking Ratio | 28 Spaces
High End Finishes
Two Main Entrances
High Ceilings
Triple Net Leaser Structure - Tenants reimburse for real estate taxes, insurance, and operating expenses on a pro-rata basis
7,591 SF on 0.30 Acres
100% leased
3.5/1,000 SF Parking Ratio | 28 Spaces
High End Finishes
Two Main Entrances
High Ceilings
Triple Net Leaser Structure - Tenants reimburse for real estate taxes, insurance, and operating expenses on a pro-rata basis
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,591 SF
Building Class
B
Year Built
2020
Price
$4,750,000
Price Per SF
$625.74
Cap Rate
5.44%
NOI
$258,410
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,793 SF
Building FAR
0.58
Lot Size
0.30 AC
Parking
28 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Air Conditioning
Property Taxes
| Parcel Number | 1394180010001 | Improvements Assessment | $2,228,391 |
| Land Assessment | $1,319,900 | Total Assessment | $3,548,291 |
Property Taxes
Parcel Number
1394180010001
Land Assessment
$1,319,900
Improvements Assessment
$2,228,391
Total Assessment
$3,548,291
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