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STNL Investment Opportunity 17300 Mercury Dr 8,564 SF Office Building Houston, TX 77058 $4,170,301 CAD ($486.96 CAD/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • STNL Medical Investment Opportunity.

EXECUTIVE SUMMARY

The subject site is a freestanding, 37 bed detox and residential treatment center. Into Action Recovery Center, a leading addiction rehabilitation center specializing in personalized treatment for drug and alcohol abuse, has four other facilities located less than 1/4 mile of the site. The Tenant invested substantial dollars into the build-out of this facility, including the construction of an 800 square foot addition to the building. The lease is designed as triple net with the Tenant being responsible for property taxes, property insurance, and the bulk of repairs and maintenance. PLEASE DO NOT DISTURB TENANT.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,564 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
$4,170,301 CAD
Price Per SF
$486.96 CAD
Cap Rate
7.50%
NOI
$312,773 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,282 SF
Slab To Slab
12’
Building FAR
0.40
Lot Size
0.49 AC
Zoning
C-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0963040010014
Land Assessment
$362,142 CAD
Improvements Assessment
$1,180,807 CAD
Total Assessment
$1,542,948 CAD
  • Listing ID: 31011144

  • Date on Market: 2024-02-21

  • Last Updated:

  • Address: 17300 Mercury Dr, Houston, TX 77058

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