Shadow-Anchored Medical Office
For Sale
Contact for pricing
3569 Business Center Dr, Pearland, TX 77584
Recently completed medical office center is fully occupied with NNN leases and annual 3% rent increases.
Property Size22,434 SF
Days on Market143
Property Features for 3569 Business Center Dr
General Information
Standard status
Active
Size
22,434 SF
Property subtype
Mixed Use, Retail, Special Purpose
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2021
Listing Agency:
Partners Real Estate Houston
(713) 275-9606
Listed By:
Marc Peeler · License #TX 627894
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 4:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Partners Real Estate Houston
Investment Insights
Based on property information with market context.
Pearland Medical Place is a recently completed (2021) medical office center totaling 22,434 square feet, with high-end construction and buildout. The property reflects $1,100,000 spent on tenant improvements and more than $3,000,000 on the structure, and it is fully occupied. Leases are NNN, with minimal landlord responsibilities, and include 3% annual rent increases. The weighted average lease term is almost 7 years.
The center is located off TX-288 in Pearland and is shadow-anchored to the Pearland Costco Wholesale.
For investors and operators seeking a turn-key, stabilized medical office investment structure, Pearland Medical Place combines a new construction timeframe with long-term occupancy and NNN lease provisions.
The center is located off TX-288 in Pearland and is shadow-anchored to the Pearland Costco Wholesale.
For investors and operators seeking a turn-key, stabilized medical office investment structure, Pearland Medical Place combines a new construction timeframe with long-term occupancy and NNN lease provisions.
Key Highlights
- 22,434 SF medical office center off TX‑288 in Pearland, Texas, shadow‑anchored to the Pearland Costco Wholesale
- Recently completed in 2021 with $1,100,000 spent on tenant improvements and over $3,000,000 on the structure
- Fully occupied with weighted average lease term of almost 7 years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77584, TX
93,062
Population
32,579
Households
2.9
Avg Household Size
36
Median Age
53%
College-Educated
94%
High-School Grad
32.0 sq mi
ZIP Area
2,908
Density / Sq Mi
$116,373
Median Household Income
$64,094
Median Earnings
$1,818
Median Rent
$339,100
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Banfield Pet Hospital — 3119 Silverlake Village Dr, Pearland, TX 77584
- Pearland 288 Animal Emergency Clinic of Silverlake — 10100 Broadway St STE 102, Pearland, TX 77584
- Pearland Animal Cancer and Referral Center — 10100 Broadway St STE 102, Pearland, TX 77584
Frequently Asked Questions
What type of property is this?
Medical Office Space - Recently completed medical office center is fully occupied with NNN leases and annual 3% rent increases.
Where is this medical office space located?
The property is located at 3569 Business Center Dr Pearland, TX.
What are key features of this property?
This property features: 22,434 SF medical office center off TX‑288 in Pearland, Texas, shadow‑anchored to the Pearland Costco Wholesale; Recently completed in 2021 with $1,100,000 spent on tenant improvements and over $3,000,000 on the structure; Fully occupied with weighted average lease term of almost 7 years
