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3645 Farm to Market 1960 Rd E, Humble, TX, 77338

Animal Hospital of Humble

$1,447,083

Key Information

Cap Rate
7%
$ per SF
$358
Tot. SF
4,033
Lot Size
0.63 Acres
Year Built
2005
Term Remaining
± 5.52 Years
Type
Healthcare
Occupancy
100%
NOI
$101,296

Highlights

• Long-Term Veterinary Investment: The property is occupied as Animal Hospital of Humble, providing investors exposure to an established veterinary use in the greater Houston market.
• Strategic Houston MSA Location: Located in Humble, TX along FM 1960, the asset benefits from its position within the greater Houston metropolitan area and surrounding residential and commercial development.
• Stable Cash Flow: The lease extends through March 31, 2032, providing contractual income from a single-tenant veterinary facility.
• Annual Rent Growth: The lease features 3.00% annual rental escalations, creating consistent contractual rent growth throughout the remaining term.
• Renewal Optionality: The lease includes two, 5-year renewal options, offering potential for an additional 10 years of occupancy and income continuity.
• Limited Landlord Obligations: Under the NNN lease structure, the tenant is responsible for the roof, structure, and HVAC, reducing ongoing ownership obligations.
• Established Veterinary Facility: Built in 2005, the approximately 4,033-square-foot facility is situated on approximately 0.63 acres and is configured for veterinary use.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204