Medical

APEX Dental

Huntsville, TX

Asking Price

$799,000

Cap Rate

6.30%

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Revenues Less than

4% Rent-to-Sales

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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

INVESTMENT HIGHLIGHTS

Outstanding Unit Level Revenues Less Than 4% Rent-to-Sales - (Contact Broker for Details)
Multi-Unit Operator with 43 Locations - 32 Are in Texas
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

northmarq.com