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Description

Medical Office Building on 0.41 Acres, located on the Southwestern corner of Sam Houston Avenue and Lake Road, near Sam Houston State University in Huntsville, TX. This building has long been an established dental practice. Constructed in 1971, it is 3,525 square feet, consisting of five dental work stations, surgery room, waiting room, reception area, private office, break room and 3 bathrooms. The concrete parking area provides 22 regular parking spots and 2 handicapped parking spots. The property is currently leased to a dental organization for an initial term of five (5) years, with a 5-year option to renew. The current annual income is $45,000 +/- with a clause for escalation each year. Lease information documents are available upon request. An opportunity for investment with great upside potential.

Property Details

Central Heat: Electric
Central AC: Electric
Flooring: Wood Laminate and Carpet
Exterior: Brick
Acres: 0.41
Stories: 1

Additional Information

Legal: 0.41 Acres, more or less, together with all improvements located thereon in the M. Johnson Survey, A-299, more fully described in Volume 1291, Page 231 of the Official Public Records of Walker County, Texas.
Electric: Entergy
Water: City of Huntsville
Sewer: City of Huntsville
Location: South of downtown Huntsville at the corner of Sam Houston Ave and Lake Road
Directions: At the corner of Sam Houston Avenue and Lake Road South of downtown Huntsville.
Taxes: $10,441
Tax Year: 2022
School District: Huntsville ISD
Commercial Text: Medical Office Building
Contact Information: Jeff Markham at (936) 295-5989 or email jeff@markhamrealty.com

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