13233 Medical Complex Dr, Tomball, TX 77375-6582

This exceptional investment opportunity presents a fee-simple 10,190 square foot medical office building located at 13233 Medical Complex Dr, Tomball, TX 77375, within Harris County. The property, built in 2019, sits on one acre and boasts 10 parking spaces. Currently occupied by Village Green Alzheimer's Care under a 15-year Absolute NNN lease (commencing November 1, 2018, and expiring November 1, 2033), offering a substantial 9 years of remaining lease term. The lease includes 2% annual rental increases throughout the initial term and three 5-year option periods, ensuring consistent income growth. The property enjoys a 100% occupancy rate, generating a strong Net Operating Income (NOI) of $210,199, resulting in a compelling 5.50% capitalization rate. The asking price is $3,820,000, translating to a price per square foot of $374.88. The property is zoned for Agricultural District use and benefits from a prime location in a dense retail corridor, across from HCA Houston Healthcare Tomball, and surrounded by strong tenant presence and nearby residential communities. This investment offers minimal landlord responsibilities, providing a secure and passive income stream with significant upside potential. The property's strong tenant, established lease terms, and strategic location make it an attractive addition to any portfolio. The APN is 1.30203E+12.