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STNL Investment Opportunity 17300 Mercury Dr

8,564 SF Office Building Houston, TX 77058 $3,346,000 ($391/SF) 6.50% Cap Rate

Medical Offices Texas Houston 17300 Mercury Dr, Houston, TX 77058

Investment Highlights

  • STNL Medical Investment Opportunity.

Executive Summary

The subject site is a freestanding, 37 bed detox and residential treatment center. Into Action Recovery Center, a leading addiction rehabilitation center specializing in personalized treatment for drug and alcohol abuse, has four other facilities located less than 1/4 mile of the site. The Tenant invested substantial dollars into the build-out of this facility, including the construction of an 800 square foot addition to the building. The lease is designed as triple net with the Tenant being responsible for property taxes, property insurance, and the bulk of repairs and maintenance. PLEASE DO NOT DISTURB TENANT.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,564 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
$3,346,000
Price Per SF
$391
Cap Rate
6.50%
NOI
$217,536
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,282 SF
Slab To Slab
12’
Building FAR
0.40
Land Acres
0.49 AC
Zoning
C-3
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17300 Mercury Dr, Houston, TX - aerial map view

PROPERTY TAXES

Parcel Number 0963040010014 Improvements Assessment $566,911
Land Assessment $256,656 Total Assessment $823,567

PROPERTY TAXES

Parcel Number
0963040010014
Land Assessment
$256,656
Improvements Assessment
$566,911
Total Assessment
$823,567
(281) 280-8088

  • Listing ID: 31011144

  • Date on Market: 2/21/2024

  • Last Updated:

  • Address: 17300 Mercury Dr, Houston, TX 77058

More public record information on 17300 Mercury Dr, Houston, TX 77058

The Office Property at 17300 Mercury Dr, Houston, TX 77058 is currently available For Sale. Contact Zann Commercial Brokerage, Inc. for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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STNL Investment Opportunity | 17300 Mercury Dr
(281) 280-8088 x

STNL Investment Opportunity | 17300 Mercury Dr

Jason Kieschnick

(281) 280-8088

(281) 280-8088

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