Evident — Sale in Webster, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Webster, TX 77598
  • Year built: 2016

Photos

Evident — Sale in Webster, TX, photo 1 of 5
Evident — Sale in Webster, TX, photo 2 of 5
Evident — Sale in Webster, TX, photo 3 of 5
Evident — Sale in Webster, TX, photo 4 of 5
Evident — Sale in Webster, TX, photo 5 of 5

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Strategic Houston MSA Location • Located within the Houston MSA, the fifth-largest metropolitan area in the United States with more than 7.6 million residents • Positioned near major aerospace, healthcare, and technology employment hubs, including NASA Johnson Space Center, Boeing, Lockheed Martin, and HCA Healthcare facilities • Houston’s diversified economy is anchored by energy, healthcare, logistics, manufacturing, and professional services sectors Global Technology Tenant with Industry Leadership • Leased to Evident Scientific, a global leader in advanced imaging, microscopy, and industrial inspection technologies • Company leverages more than 100 years of optical and scientific expertise originating from Olympus Corporation’s Scientific Solutions Division • Worldwide operating platform spanning North America, Europe, and Asia supports a diversified global customer base • Tenant serves mission-critical industries including aerospace, automotive, manufacturing, energy, and scientific research sectors Mission-Critical Industrial Facility • Purpose-built ±24,570 SF industrial/flex facility constructed in 2016 and fully occupied by Evident Scientific • Mission-critical location supporting advanced imaging, microscopy, and industrial inspection operations • 100% occupied single-tenant asset situated on approximately 1.09 acres in Webster, Texas • Fee simple ownership provides investors with long-term control of the underlying real estate Investment Highlights: • Double Net lease structure provides investors with limited responsibilities • Current lease term extends through October 31, 2031, with one five-year renewal option remaining • Built-in 3.5% annual rental increases provide consistent income growth and a hedge against inflation • Strong in-place NOI of approximately $545,545 offers immediate passive cash flow to investors

Market Context

This retail in Webster, TX is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2016. Compare it against other retail listings for sale in Webster, TX — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Texas