For Sale
$1,664,248

3841 Sagebriar Dr Bryan, TX 77802

7.25% Cap Rate, NNN Lease, 7-Year Term

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 5,612 square foot medical office building in Bryan, Texas, currently 100% occupied by Empower Behavioral Health, a multi-regional operator of Applied Behavioral Analysis (ABA) clinics. The property boasts a strong 7.25% cap rate and a fresh seven-year net lease with 3% annual rent increases, providing significant inflation protection. The asking price is $1,664,248 ($296.55/sq ft), generating a net operating income (NOI) of $120,658. Built in 2006 on a 0.66-acre lot, the property benefits from a highly desirable location in a high-income area ($107,475 average household income within a 1-mile radius), situated near other medical facilities and new residential developments. The lease structure minimizes landlord responsibilities, making this an attractive passive investment opportunity. The tenant, Empower Behavioral Health, operates 15 locations across Texas and recently merged with a private equity-backed company, enhancing its stability and growth potential. Lease options include 3 and 5-year extensions. This recession-resistant asset class, within a growing ABA market, offers a secure and profitable investment.

Highlights

  • Strong growth potential in the ABA therapy market, projected at 4.5% to 4.8% CAGR.
  • Recession-resistant healthcare asset class with stable revenue streams.
  • Inflation-protected lease with 3% annual rent increases.
  • Passive NNN lease structure with a seven-year term and minimal landlord responsibilities.
  • Located in a high-income area with an average household income of $107,475 within a 1-mile radius.
  • Tenant is a multi-unit regional provider with extensive network of insurance providers.

Property Details for 3841 Sagebriar Dr

Property type
Retail properties, Office properties
Square Feet
5,612 SF
Year Built
2006
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Bryan
County
Brazos
State
Texas
Latitude
30.6539624
Longitude
-96.2959841

FAQs

What type of property is this?
Retail property - 7.25% Cap Rate, NNN Lease, 7-Year Term
Where is the retail property located?
The property is located at 3841 Sagebriar Dr Bryan, TX.
What is the asking price?
The asking price for this property is $1,664,248.
What are key features of this property?
This property features: Strong growth potential in the ABA therapy market, projected at 4.5% to 4.8% CAGR.; Recession-resistant healthcare asset class with stable revenue streams.; Inflation-protected lease with 3% annual rent increases.
How can I contact the broker?
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3841 Sagebriar Dr
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