9700 Louetta Rd | Spring, TX 77379
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- LoopNet Team
9700 Louetta Rd
Spring, TX 77379
Consultants in Dental Aesthetics · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant Investment in Location – Dental facilities rarely relocate due to high build-out costs and difficulty in retaining the same patients
- Ideal 1031 Exchange Investment – This NNN lease provides a very passive investment vehicle for both local and out-of-state investors
- Extremely Dense Market – There are over 270,000 residents within a five-mile radius of the property; Spring is one of the fastest growing cities in TX
- Inflationary Hedge – 2.50% annual rental increases offer a strong boost in cashflow throughout ownership.
- Brand-New Class A Construction – This state of the art 8,800 SF facility serves as the flagship location for the tenant as it was built in 2020
- Affluent Demographics – Average household incomes are north of $110,000 within 1, 3 and 5 miles of the property.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
8,822 SF
Building Class
A
Year Built
2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,265 SF
Building FAR
0.16
Lot Size
1.26 AC
Zoning
F1 - Real Commercial
PROPERTY TAXES
| Parcel Number | 1181970010002 | Improvements Assessment | $2,620,952 |
| Land Assessment | $538,750 | Total Assessment | $3,159,702 |
PROPERTY TAXES
Parcel Number
1181970010002
Land Assessment
$538,750
Improvements Assessment
$2,620,952
Total Assessment
$3,159,702
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