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320 Branard St
Houston, TX 77006 Montrose

$2,068,966 USD

Medical For Sale  •  4,386 SF

Property Details

  • Property Type Medical
  • Total Building Size 4,386 SF
  • Lot Size 0.21 AC
  • Building Class A
  • Year Built 1938
  • Cap Rate 7.25 %
  • Tenancy Single
70 Transit Score
90 Walk Score

Highlights

Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 10% Rental Increase in Year 6 and in Option.
100% Occupied by the Center for the Healing Arts and Sciences, an Established and Expanding Integrative Medical Practice.
Located in a High Traffic Inner Loop Corridor with Immediate Access to Westheimer Road and Shepherd Drive.
Strategically Positioned Near Texas Medical Center, the Largest Medical Complex in the World, Driving Consistent Demand from Healthcare Professionals.
Located within Close Proximity to University of Houston and Rice University Providing Access to a Large Student and Faculty Population Base.
Prime Inner Loop Location within Houston’s Highly Sought After Montrose Submarket Offering Direct Access to Dense Population & Affluent Demographics.
Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
The Center for Healing Arts & Sciences 4,386 SF 5/31/2033

Amenities

  • Fenced Lot
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.0 mi
Transit/SubwayDriveWalkDistance
Ensemble/HCC (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 2 min 9 min 0.5 mi
Wheeler (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 6 min 10 min 0.5 mi
McGowen (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
William P Hobby 26 min - 13.4 mi
George Bush Intcntl/Houston 30 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap