Living Earth

Property Highlights:

• ADDRESS: 1700 E Highway 90A, Richmond, TX 77406
  
• YEAR ESTABLISHED: 2007
  
• PRICE: $3,000,000
  
• PRICE PER LAND SF: Gross (18.051 Acres): $3.82 per Sq. Ft. Net (+/-10.0 Acres): $6.89 per Sq. Ft.
  
• CAP RATE: 6.00%
  
• NOI: $180,000
  
• SIZE: 18.051 Acres (Approx. 10 Usable Acres)
  
• LEASE TYPE: Ground Lease (NNN)
  
• LEASE TERM: 8 Years
  
• LEASE EXTENSION COMMENCEMENT: January 2026
  
• LEASE EXTENSION EXPIRATION: December 2033
  
• RENT INCREASES: 3.0% Every Year