| Beds 0 | Baths 0 | 3,920 Sqft |
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Property Description
Leased property with 7 year lease with tenant renewal options through year 17. Positive cash flow! Tenant pays own utilities and cap rate is exclusive of taxes/insurance/maintenance as those are paid by tenant. Lease rate escalates each year. Property consists of a commercial condo - 3920 sq.ft. in a 1-story medical strip center with high visibility on Garth Rd only 1 mile from I-10.
General Information
Sale Price: $999,900
Price/SqFt: $255
Status:
MLS#: 35781751
Bedrooms:0
Bathrooms:0 (0 full, 2 half)
House Size: 3,920 sq.ft.
Acreage:
Year Built: 2011
Property Type: Townhouse/Condo
Style: Other Style
Features & Room Sizes
Garage: No Garage
Garage Description: None
Exterior: Brick,Other
Basement: No
Foundation : Slab
Cooling: Central Gas
Heating: Central Electric
Waste: Public Sewer,Public Water
Watersource: Public Sewer,Public Water
Community/Association Features
Tax, Fees & Legal
Legal Description: UNIT 3 .1228 INT COMMON LAND & ELE BAYTOWN MEDICAL EMERGENCY
Est. Winter Taxes: $23,462
HOA fees:
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Listing By: Norman Frenk of Better Homes and Gardens Real Estate Gary Greene - Bay Area, Phone: 281-486-1900
