2402 Sam Houston Ave Huntsville, TX 77340-5861
This fee-simple medical office building in Huntsville, TX, presents a compelling investment opportunity. The 3,525 square foot property is currently 100% occupied by Copeland Family Dentistry under a net lease agreement with a remaining term of approximately 3.1 years. The lease commenced December 9, 2022, and expires December 31, 2027, with a 5-year option. The annual rent includes a 2% increase, offering predictable income growth. The property boasts a strong NOI of $50,368, translating to a 6.30% cap rate and a price per square foot of $226.67. Built in 1971, the single-building property sits on a 0.41-acre lot at a signalized corner location with high traffic counts (28,294 cars per day). Its strategic location is less than half a mile south of Sam Houston State University, benefiting from a large student population (21,000 students) and proximity to over 2,200 apartment units within a two-mile radius. The roof recently underwent sealing, complete with a new 5-year workmanship and material warranty. Copeland Family Dentistry is part of a larger multi-unit operator with 43 locations, 32 of which are in Texas. This specific location demonstrates outstanding unit-level revenues, with a rent-to-sales ratio under 4%. The property is located at 2402 Sam Houston Ave, Huntsville, TX 77340. Further details regarding rent bumps are available in the offering memorandum. This is a rare opportunity to acquire a stable, high-performing asset in a growing Texas market.
-
Copeland Family Dentistry Dental Office
-
Dr. Dillon Copeland Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.