ID#043199   Approximate Beds/Units:  50    Location: Katy

Another firm is pleased to introduce a 14,000 SF Memory Care Facility. INVESTMENT HIGHLIGHTS: Brand new 15-year Absolute NNN Lease with 7.5% rent increases every five years in both primary & renewal option periods. Alzheimer’s care is growing is currently undergoing expansion across the Houston and Dallas-Fort Worth MSAs. From 2010 to 2018, Houston added 1.1 Million new residents, an 18.2% Increase, the fastest rate among the largest U.S. Metros. The subject property is right off major roads in one of the most desirable Houston suburbs. Houston MSA’s population is 7.34M+

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Katy $6,277,000 ID#043199

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