Houston Scoliosis & Spine Institute

7700 Main St, Houston, TX 77030
$10,574,400

Cap Rate
7.50%
Price Per SF
$400
Gross SQFT
26,436
Year Built
2006
Occupancy
100%
NOI
$793,080
Property Type
Healthcare

INVESTMENT HIGHLIGHTS

  • LONG-TERM ABSOLUTE NNN LEASE
    This building features a fresh 15-year master lease with no landlord responsibilities, providing a passive investment vehicle for both local and out-of-state investors.
  • INFLATIONARY PROTECTED LEASE
    The lease features 2% annual rent increases, providing a significant boost to cash flow, an effective equity appreciation tool, and a strong hedge against inflation for investors.
  • CORPORATE & PERSONAL GUARANTY
    The lease agreement includes both a corporate guaranty from the tenant and a personal guaranty from Dr. Ra’Kerry Rahman, demonstrating his unwavering confidence in his practice and long-term commitment to the property. This added financial security reinforces the strength and stability of the investment.
  • HIGH GROWTH, RECESSION RESISTANT INDUSTRY
    The following are future estimated market sizes for some of the services offered at this location; Spine Surgery Products ($20B by 2031 – 4.5% CAGR), Spinal Implants and Devices ($19B by 2030 – 5.4% CAGR), Scoliosis Management ($4.39B by 2034 – 3.7% CAGR) and Minimally Invasive Spine Surgery ($4.8B by 2033 – 7.1% CAGR).
  • RECESSION RESISTANT ASSET CLASS
    Healthcare is considered recession-resistant due to the essential nature of its services, which maintains consistent demand even during economic downturns. The critical need for behavioral health treatments ensures stable revenue streams, supported by government funding and insurance coverage, making these properties a secure investment in uncertain economic times.
  • HIGH-GROWTH & HIGH-INCOME MARKET
    The area within a five-mile radius of the property has experienced significant population growth, increasing by 6.29% over the past five years, with an additional 5% growth projected in the next five years. This rapidly expanding market is further strengthened by an average household income exceeding $117,102, making it a prime location for sustained economic prosperity.
  • SITE-SPECIFIC SERVICES
    This facility offers a diverse range of specialized medical services, including physical therapy, a specialty pharmacy, chiropractic care, spine and orthopedic consultations, surgical services, a traumatic brain injury center, family practice, orthotics and bracing, and a rehab suite with a golf simulator.
  • PRACTICE REINVESTMENT
    The owner is strategically reinvesting funds into his business to enhance billing efficiency and implement a refined practice strategy, ultimately driving increased EBITDA. This reinvestment highlights his strong commitment to the long-term growth and financial success of his practice.

Broker of Record

  • Patrick Graham
  • License No. 9005919 (TX)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 8300 Douglas Ave.,
    Ste. 750, Dallas, TX 75225
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