Investment Opportunity – 7% cap rate

Take a look at this investment opportunity Missouri City, TX: 4638 Riverstone, Missouri City, TX 77459

Beautiful updated freestanding commercial building in an office park just off of Highway 6 in Missouri City, with easy access to I-69/59. Currently owner occupied with successful Texas Speech Therapy business. They have been in business since 2017 and in this building since January 2020. They have several other locations around Houston and in other states (2 owned by them and the rest are franchisees. They are franchisors). The company website is www.speechandaba.com. At closing, seller will execute NNN lease at $2.00/square foot/month with buyer for a minimum 5 year lease with two options to extend the lease for an additional 5 years each, creating a 7+% cap rate for investors. HOA maintains the grounds and the tenant will maintain everything except the structure and roof. This perfectly laid out floor plan includes approximately 11 offices/treatment rooms, a work room, a library, a gym and a large breakroom/kitchen. It even has a TREX deck terrace on the back of the building overlooking the pond. Laminate flooring, large windows and high ceilings throughout highlight this great building in a prime location! The property also has a commercial fire alarm and burglary alarm system. Additionally, there is plenty of parking available for employees and clients, as well as easy access to nearby restaurants and shops. With a strong tenant already in place and a solid lease agreement at closing, this property is a great investment opportunity for someone looking to add a commercial property to their portfolio. Don’t miss out on this fantastic opportunity to own a well-maintained and fully leased commercial building in a prime location. Contact us today for more information or to schedule a viewing.