Available For Sale - Office , Healthcare

8,238 SF | Show Pricing $

LISTED BY

Brenna Leach
Colliers , 713-830-2130
Todd Moore
Colliers International, 713-830-2191
Connor Duffy
Colliers International,
Ivonne Gonzales
Colliers International, 713-830-2161
Zack Martin
Colliers, 713-830-2115

AVAILABILITY DETAILS

Size
8,238 SF
Price/SF
Show Pricing $
Listing ID
SA526577
Notes
Houston Methodist Primary Care Group | Net Lease Investment





Colliers is pleased to exclusively offer to qualified investors, the opportunity to purchase Rock Creek Medical Plaza, located at 14044 Spring Cypress Road in Cypress, TX. The ±8,238 SF building situated on ±0.90 acres and currently has 78 months of term remaining with Houston Methodist Primary Care Group.





The site is strategically located on a gateway out-parcel on a hard signalized corner and is shadow anchored by H-E-B. This H-E-B location sees over 1.6 million annual visitors and services the surrounding neighborhoods with average household incomes of over $137,000. 









Investment Highlights

• Optimal Market for Medical Practices: 92% of the homes are owned within a 2-mile radius creating an environment that provides long-term success for a medical practice

• Attractive Credit Tenant: Houston Methodist received a “AA” bond rating from the S&P in 2020

• Hands-Off Investment: Existing Property Management with limited Landlord Responsibilities

• Exceptional Demographics: Average Household Incomes in excess of $137,000 in a one-mile radius, and over 200,000 population in a 5-mile radius

• H-E-B Shadow Anchored: Gateway out-parcel to H-E-B with 1.6 million annual visitors. Traffic accessing H-E-B passes directly by the site.

• Hard Signalized Corner: The site shares a hard corner of a lighted intersection with Chick-fil-A

• Replaceable Rents: In-place rents are in balance with the market



Access OM - https://texas.colliers.com/houst...
Uses
Office
Healthcare

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brenna Leach, Colliers