3831 Golf Dr Houston, TX 77018
- Office buildings
- 12,180 SF
- 0.55 lot acres
Current Use by Public Records
- Revive RX Pharmacy / Pharmacy
- Dataprise / Computer Support And Services
- Lobo and Company / Website Designer / Internet Marketing Service
- Old tom Bar / Cocktail Bar
- ITCubed / Computer Service
Property Details for 3831 Golf Dr
- Year built
- 1960
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.55 lot acres
- Property size
- 12,180 SF
- Property type
- Office buildings
- APN
- 630630000080
- APU
- 630630000080
Description
This exceptional sale-leaseback opportunity presents a 23,132-square-foot Class A retail building in Houston, Texas. Located in the desirable Garden Oaks submarket, this single-tenant property features a 7-year absolute NNN lease with a creditworthy tenant, Revive RX, one of the fastest-growing compounding pharmacies in Texas. The building, constructed in 1982 and extensively renovated in 2020 (including a new roof in 2024), sits on a 0.83-acre lot (36,465 sq ft). The lease includes annual rent escalations, providing consistent income growth. The property's prime location offers excellent access to Houston's thriving urban communities and business centers. With a strong NOI of $480,000, this investment presents a compelling opportunity for long-term, stable returns in a high-growth market. This is a rare chance to acquire a well-maintained, high-performing asset with a secure, long-term lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4244
- Latitude
- 29.8226
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
