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1210 E Southmore Ave
Pasadena, TX 77502

$3,705,625 USD

Medical For Sale  •  11,317 SF

Property Details

  • Property Type Medical
  • Total Building Size 11,317 SF
  • Lot Size 2.3 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 6.40 %
  • Tenancy Single
0 Transit Score
73 Walk Score

Highlights

Leading Operator with Investment-Grade Credit | Fresenius Medical Care Holdings, Inc., S&P: BBB-, $19.55B Revenue
Growing Industry Insulated from Macroeconomic Changes
Long-Term Lease with Rent Growth and Passive Expense Structure
Below Market Rents
Top MSA | Houston
Densely Populated Area | 260K population, $75K average HHI (5 miles)

Property Flyers

Cap Rate: 6.40 %

Public Transportation

AirportDriveWalkDistance
William P Hobby 20 min - 8.7 mi
George Bush Intcntl/Houston 41 min - 29.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Scott Briggs 918-794-9787 Northmarq
Scott Briggs 918-794-9787 Northmarq