For Sale I 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