AVAILABILITY DETAILS
- Size
- 8,238 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA526577
- Notes
- Colliers is pleased to exclusively offer to 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.
• Brand New Lease: New 7-year lease with 3% annual increases that commenced January 1, 2023
• Attractive Credit Tenant: Houston Methodist received an “AA” bond rating from the S&P in 2020
• Limited Landlord Responsibilities: Landlord responsibilities limited to Roof & Structure
• 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
• Hard Signalized Corner: The site is positioned on a hard corner of a lighted intersection. Traffic accessing H-E-B passes directly by the site
• 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