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21765 Merchants Way - Medical Building-Katy 7,990 SF Health Care Building Offered at $4,772,530 CAD at a 5.72% Cap Rate in Katy, TX 77449
Investment Highlights
- High Traffic Area
- Newer Building
- Newly Signed Tenant-5 Year Lease
- NNN Tenant
Executive Summary
Current tenant signed a 5 year lease in early 2024 with 2 (5 year term) renewals. Leased at $25/psf/year with NNN with 2% rent annual increase.
Property Facts
| Price | $4,772,530 CAD | Lot Size | 0.72 AC |
| Price Per Bed | $4,772,530 CAD | Building Size | 7,990 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 5.72% | No. Stories | 2 |
| Property Type | Health Care | Year Built | 2021 |
| Building Class | B | Parking Ratio | 6/1,000 SF |
| Price | $4,772,530 CAD |
| Price Per Bed | $4,772,530 CAD |
| Sale Type | Investment |
| Cap Rate | 5.72% |
| Property Type | Health Care |
| Building Class | B |
| Lot Size | 0.72 AC |
| Building Size | 7,990 SF |
| No. Beds | 1 |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 6/1,000 SF |
Amenities
- Wheelchair Accessible
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Property Taxes
| Parcel Number | 1370610010009 | Improvements Assessment | $2,342,202 CAD |
| Land Assessment | $537,243 CAD | Total Assessment | $2,879,445 CAD |
Property Taxes
Parcel Number
1370610010009
Land Assessment
$537,243 CAD
Improvements Assessment
$2,342,202 CAD
Total Assessment
$2,879,445 CAD
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21765 Merchants Way - Medical Building-Katy
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