101 W Park | Livingston, TX 77351
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101 W Park
Livingston, TX 77351
Fresenius · Office Property For Sale
Investment Highlights
- Located within a larger medical complex that includes St. Luke's Health Memorial Hospital, family practice medical, pediatric, dental and lab offices
- Fresenius is a global, multi-billion dollar tenant with Investment Grade credit - recently upgraded to BBB by Standard & Poor's
- The surrounding demographic area has seen population growth exceeding 1% in the 1, 3 and 5 mile rings historically and growth is projected to continue
- Fresenius has a corporately-backed lease with 10 years of initial term remaining and 3, five-year options to renew
- 10% rental increases every 5 years during the initial term and in each option
- Oversized parcel at 1.83 acres allows for multiple redevelopment options in the future
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
7,105 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,105 SF
Building FAR
0.09
Lot Size
1.83 AC
PROPERTY TAXES
| Parcel Number | W0675-0001-05 | Improvements Assessment | $769,613 |
| Land Assessment | $275,760 | Total Assessment | $1,045,373 |
PROPERTY TAXES
Parcel Number
W0675-0001-05
Land Assessment
$275,760
Improvements Assessment
$769,613
Total Assessment
$1,045,373
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