Leased property with 7 year lease with tenant renewal options through year 17. Positive cash flow! Tenant pays own utilities and cap rate is exclusive of taxes/insurance/maintenance as those are paid by tenant. Lease rate escalates each year. Property consists of a commercial condo - 3920 sq.ft. in a 1-story medical strip center with high visibility on Garth Rd only 1 mile from I-10.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- 1/2 Bathrooms: 2
Heating and Cooling
- Cooling Features: CentralAir, Gas
- Heating Features: Central, Electric
- Heating: Yes
Land Info
- Lot Size Acres: 0.38191
- Lot Size Source: Appraiser
- Lot Size Square Feet: 16636
Exterior and Lot Features
- Road Surface Type: Concrete
Garage and Parking
- Parking Features: AdditionalParking
Homeowners Association
- Association: Yes
- Association Fee: 422
- Association Fee Frequency: Monthly
- Association Fee Includes: MaintenanceGrounds
- Calculated Total Monthly Association Fees: 422
- Association Name: Ansari
School Information
- Elementary School: BANUELOS ELEMENTARY SCHOOL
- Elementary School District: 23 - Goose Creek Consolidated
- High School: GOOSE CREEK MEMORIAL
- High School District: 23 - Goose Creek Consolidated
- Middle School: E F GREEN JUNIOR SCHOOL
- Middle or Junior School District: 23 - Goose Creek Consolidated
Condo Info
Other Property Info
- Annual Tax Amount: 23462
- Source Listing Status: Active
- County: Harris
- Directions: I-10 to south on Garth Rd. Property few miles down on right side
- Tax Year: 2024
- Ownership: Full Ownership
- Source Property Type: Residential
- Area: 2
- Property Subtype: condo
- MLS Area Minor: Baytown/Harris County
- Source Neighborhood: Baytown Medical Emergency Co
- Parcel Number: 133-468-000-0003
- Postal City: Baytown
- Public Survey Section: 1
- Subdivision: Baytown Medical Emergency Co
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 3920
- Year Built: 2011
- Building Area Total: 3920
- Construction Materials: Brick
- Foundation Details: Slab
- Levels: One
- Living Area Source: Appraiser
- Property Age: 14
- Roof: Composition
- Levels or Stories: 1
- Building Total Stories: 1
- Year Built Source: PublicRecords
Accessibility Features
- Accessibility Features: AccessibleCommonArea, AccessibleDoors
Utilities
- Sewer: PublicSewer
- Water Source: Public
