54 Flag Lake Plz | Lake Jackson, TX 77566
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54 Flag Lake Plz
Lake Jackson, TX 77566
General Health Group | NNN | 7.75% Cap · Office Property For Sale
Investment Highlights
- Passive NNN Lease – This building features a NNN lease with minimal landlord responsibilities, providing a passive investment
- Hedge Against Inflation – Ensure your investment dollars continue to grow with the 3.0% annual increases included in this lease
- Houston MSA – The Houston MSA has over 7.2 million people making it the 5th largest metropolitan area in the country
- E-Commerce Resistant Property – Medical properties are extremely sought-after investments for their resistance to downturns in the economy
- Advantageous Return – At a 7.75% return, this investment provides an attractive cash flow potential that aligns with today’s interest rate environment
- Tax-Free State – Texas has zero income tax for Real Estate Investments
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
3,900 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,900 SF
Building FAR
0.24
Lot Size
0.38 AC
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 4114-0005-000 | Improvements Assessment | $422,860 |
| Land Assessment | $32,420 | Total Assessment | $455,280 |
PROPERTY TAXES
Parcel Number
4114-0005-000
Land Assessment
$32,420
Improvements Assessment
$422,860
Total Assessment
$455,280
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