555 E Medical Center Blvd - Medical FOR SALE


Webster, TX 77598
$3,565,000 USD
832-483-7393
555 E Medical Center Blvd, Webster, TX for Sale
$3,565,000 USD
Medical - FOR SALE
1/10
null | 6.9% Cap Rate

555 E Medical Center Blvd
Webster, TX 77598


HIGHLIGHTS

  • Two, long-term medical tenants with large practices.
  • Good terms left on both leases with increases.
  • Well maintained in and out.

OVERVIEW

Two-tenant, 9,750 SF, medical office building in Clear Lake / NASA market. Near major medical hospital hub. Coastal Eye Associates - 7,105 SF since 1996 & runs thru July 2032. Endodontic Associates of Clear Lake - 2,645 SF since 1996 and runs thru December 2028. All-concrete, well lit parking with 72 spaces; ~7.38/1,000 SF Solid Demographics in 3 miles: 74,000 population; 32,000 households; 56%families; $68,000 Median income

FOR SALE DETAILS

PRICE

$3,565,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clear Lake Professional Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,126 SF

ZONING

N/Ap, Webster

APN/PARCEL ID

1195170010001

ASK ABOUT THIS PROPERTY

Marty McAdamsMcAdams & AssociatesMore Info
832-483-7393

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Marty McAdamsMcAdams & AssociatesMore Info
832-483-7393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.