Applied Behavioral Analysis for Sale in Spring, TX

Spring, TX

RetailOffice
Special PurposeBankDay Care/NurseryMedical OfficeAbsolute NNNNet Lease

Key Investment Metrics

Price

$2,832,000

Cap Rate

6.8%

Net Operating Income

$191,160

Building Size

8496 SF

Land Area

1.01 Acres

Remaining Term

10 years

Lease Term

10 years

Lease Type

Absolute NNN

Year Built

2003

Tenancy

Single

Rent Increases

3% Annual

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Property overview

Applied Behavioral Analysis in Spring

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
8,496 SF
Land area
1.01 acres
Year built
2003
Lease type
Absolute NNN

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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