SERENITY LIGHT RECOVERY

1820 County Rd 36, Angleton, TX 77515
$5,555,556

Cap Rate
9.00%
Price Per SF
$222
Year Built
1900/R1993
Occupancy
100%
Leasable Area
25,000 SF
Term Remaining
±15 YRS
NOI
$500,000
Property Type
Healthcare

INVESTMENT HIGHLIGHTS

  • Inflationary Protected Lease – This lease features above market, 2.50% annual rent increases, providing a major cash flow boost and equity appreciation tool, along with being a great inflationary hedge for investors.
  • E-Commerce Resistant Property – Medical offices are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
  • Outstanding Reviews – The treatments offered at this facility have succeeded in changing multiple clients lives for the better and have amassed over 150 reviews on Google and Facebook averaging 4.8/5 Stars.
  • 5th Most Populous MSA in U.S. – The Houston MSA boasts both dense demographics as well as one of the world’s largest economies with a 2021 GDP over $537 Billion stemming from its major contributions in the energy, healthcare, biomedical, and aerospace industries.
  • Tax-Free State – Texas has zero income tax for real estate investments.
  • Extremely Passive NNN Lease – Landlord will benefit from a “hands-off” investment as the tenant takes care of all taxes, insurance, and maintenance/repairs associated with the property.
  • Long-Term Operating History – Since 2014, Serenity Light Recovery has been operating out of this facility.
  • In-Network Patient Care – The recovery center works with 12 of the largest health insurance groups offering a new owner confidence that the tenant will continue to attract more and more clients through referrals.
  • Andrew Fagundo, Michael Moreno and Rahul Chhajed in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.

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