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.