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Single-Tenant Office Medical

Sealy Therapy & Wellness

602 Meyer St, Sealy, TX 77474

Listing Price: $2,240,000

Cap Rate
7.50%
Tenant Name
Sealy Therapy & Wellness
Gross SF
8,000
Guarantor
Personal Guarantee
Rentable SF
8,000
Price/Gross SF
$280.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.00

Investment Overview

The subject property consists of an 8,000 SF medical office building in Sealy, TX. The asset is situated on 0.69 acres and fronts on Texas 36 in the heart of Sealy, TX. The offering allows for a ten-year sale/leaseback with 2% annual rent bumps. The business needs expansion and this new space will produce and hold their current growth. The building is currently under renovation and is estimated to have complete build out by June 2023. Sealy Therapy & Wellness provides therapy patient visits and treatments with workout area membership. Their services consists of compression treatment, massages, dry needling, and more. The leading specialists have been in practice for an average of 15 years. This is a great opportunity for investors looking for passive income and minimal responsibilities with a rapidly growing business.

Investment Highlights

  • Ten-Year Sale/Leaseback Opportunity | Corporate Guarantee
  • 2% Annual Rent Bumps | NNN Lease
  • New 2023 Renovation | Estimated Completion- June 2023
  • Located In The Heart Of Sealy | Texas 36 Frontage
  • Passive Investment | Minimal Landlord Responsibilities
  • Within 3 Miles: AHHI Is $92,000+

Exclusively Listed By

Financing By

Single-Tenant Office Medical

Sealy Therapy & Wellness

Listing Price: $2,240,000

Cap Rate
7.50%
Tenant Name
Sealy Therapy & Wellness
Gross SF
8,000
Guarantor
Personal Guarantee
Rentable SF
8,000
Price/Gross SF
$280.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.00

Investment Highlights

  • Ten-Year Sale/Leaseback Opportunity | Corporate Guarantee
  • 2% Annual Rent Bumps | NNN Lease
  • New 2023 Renovation | Estimated Completion- June 2023
  • Located In The Heart Of Sealy | Texas 36 Frontage
  • Passive Investment | Minimal Landlord Responsibilities
  • Within 3 Miles: AHHI Is $92,000+

Investment Overview

The subject property consists of an 8,000 SF medical office building in Sealy, TX. The asset is situated on 0.69 acres and fronts on Texas 36 in the heart of Sealy, TX. The offering allows for a ten-year sale/leaseback with 2% annual rent bumps. The business needs expansion and this new space will produce and hold their current growth. The building is currently under renovation and is estimated to have complete build out by June 2023. Sealy Therapy & Wellness provides therapy patient visits and treatments with workout area membership. Their services consists of compression treatment, massages, dry needling, and more. The leading specialists have been in practice for an average of 15 years. This is a great opportunity for investors looking for passive income and minimal responsibilities with a rapidly growing business.

Exclusively Listed By

Financing By

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