Houston Methodist Primary Care Center

8330 State Hwy 6, Missouri City, TX

Property Information

Price Summary

$ 5,365,000

Cap Rate

7.5 %

NOI

$ 402,325

Total Lot Size

1.48 Acres

Building Size

13,300 SF

Brad Motley

Partner

T: (817) 980-0512

Property Highlights

  • Houston Methodist Recently Exercised Its 5-Year Renewal Option, Reinforcing Long-Term Commitment
  • Corporate Backed NN Lease – Landlord Only Responsible for Roof & Structure
  • Excellent Lease Guarantor – S&P “AA” Credit and $3 Billion in Annual Revenue
  • Only 4 Miles From Houston Methodist Sugar Land Hospital – A Leading Regional Campus With Over 300 Beds and Extensive Expansion Plans
  • Located Along Busy State Highway 6 With 58,000+ Vehicles Per Day With Access at a Signalized Intersection
  • Dense and Affluent Trade Area – 192,000+ Residents Within 5 Miles, $152,000+ Avg. HH Income, and 42% Population Growth Since 2010 With 9.3% More Expected by 2029
  • Houston Methodist is Consistently Ranked Among the Top Hospitals in Texas by U.S. News & World Report and Has Been Expanding its Suburban Primary Care Presence to Meet Demand

Point of Contact

Brad Motley

Partner

T: (817) 980-0512

TX #586199

Steelman Juarez

Associate Director

T: (972) 921-8464

TX #713565

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