3841 Sagebriar DrBryan, TX 77802

  • Commercial real estate
  • 5,612 SF
For Sale
$1,664,248 View listing

Property Details for 3841 Sagebriar Dr

Year built
2006
Construction
WOOD
Lot size
0.66 AC
Property size (Sq ft)
5,612 SF
Property type
Commercial real estate
APN
491200-0603-0020
APU
49120006030020

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,765,828
    Hospitality
    $1,617,488
    Educational
    $1,345,731
    Medical
    $1,392,013
    Retail
    $2,093,360

Location Insight

City
Bryan
County
Brazos
State
Texas
Latitude
30.654
Longitude
-96.2959
CBSA code
17780
CBSA name
COLLEGE STATION-BRYAN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,844
$134,783
$1,250,631
$1,385,414
-
$134,783
$1,250,631
$1,385,414

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