Medical    

APEX Dental

 Huntsville, TX

Asking Price

$838,000

Cap Rate

6.00%

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5-Year Net Lease

2% Annual Increases

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Avg HH Income

$56K (7 Miles)

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Population

54K (7 Miles)

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Close Proximity to

Sam Houston State University

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INVESTMENT HIGHLIGHTS

  • Multi-Unit Operator with 43 Locations - 32 Are in Texas
  • Outstanding Unit Level Revenues Less Than 5% Rent-to-Sales - (Contact Broker for Details)
  • 5-Year Net Lease With 2% Annual Increases - Approximately 3.5 Years Initial Term Remaining
  • Below Market / Replaceable Rent of $14.29 PSF
  • Roof Recently Sealed – New 5-Year Workmanship Warranty and 5-Year Material Warranty
  • Located Less Than 1/2 Mile South of Sam Houston State University (21,000 Students)
  • Located at a Signalized Corner Location
  • Over 49,000 Residents Within 5 Miles / Avg HH Income of $53,443
  • TX Is an Income Tax-Free State

Exclusively Listed By

Riley Sharman

Vice President
  rsharman@northmarq.com      832.497.2558
TX Lic. #781579

Brian Lane

Senior Associate
  blane@northmarq.com   

In Association With
Jim Gibson

TX Lic. #392926

Northmarq

One Riverway Drive, Suite 1600
Houston, TX 77056


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