Walk-In Dental Clinic - NNN Investment Sale SOLD

20919 Kingsland Boulevard, Katy, TX 77450

Property Highlights & Information

  • Tenant is well-established and has earned a solid record of 5 star patient reviews
  • 10 year primary lease term ending November 2026
  • 12% base rent increase ahead in the primary lease term and in each of two 5-year renewal options
  • Investment requires little landlord involvement
  • ┬áLocated in fast growing Katy (Houston suburb) with 2.91% annual population growth projected 2017-2022 (within 5 miles of the site)
  • More than 120k residents with average household income over $118K within 3 miles and more than 246k residents with average household income over $119K within 5 miles in 2017
  • Katy ISD was the 2nd fastest growing Texas school district in 2017
  • Members of the property ownership entity are licensed real estate brokers

Available Opportunities

No Currently Available Opportunities

Demographic Information

Population (3m)123,716
Average Household Income (3m)$118,318

Location

Brokers

Alan Rust, CCIM
Principal - Investment Sales

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