Single-Tenant Medical
For Sale
Contact for pricing
1915 FM 1488, Hempstead, TX 77445
Brand-new healthcare facility under a long-term absolute NNN lease.
Property Size3,077 SF
Price / SF$892.75
Days on Market176
Property Features for 1915 FM 1488
General Information
Standard status
Active
Size
3,077 SF
Property subtype
Office, Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$178,572
Additional Details
Office Units
1
Building Details
Year Built
2025
Buildings
1
Tenancy
Single
Building Size
3,077 SF
Abandoned
No
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BRK.200900214
Source:
Crexi
Added: Mar 10
Changed: Aug 30
Last Checked: Aug 30 at 11:19PM
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 Bang Realty
Investment Insights
Based on property information with market context.
This 3,077-square-foot medical center was built in 2025 as a single-tenant facility for Integrity Urgent Care. The property is subject to a 15-year absolute NNN lease guaranteed by Xpress Wellness / Integrity Urgent Care and backed by Goldman Sachs Alternatives. Contractual rent increases of 1.25% begin in year 3, with no landlord responsibilities under the lease structure.
The facility is located at 1915 FM 1488 in Hempstead, Texas, approximately 50 miles northwest of downtown Houston. The operating platform provides urgent care, occupational medicine, digital diagnostics, and primary care through walk-in locations. Hempstead is part of the broader U.S. 290 Corridor growth area in Waller County, where the source information identifies new industrial investment and more than 1,000 county-wide jobs added in 2024.
The facility is located at 1915 FM 1488 in Hempstead, Texas, approximately 50 miles northwest of downtown Houston. The operating platform provides urgent care, occupational medicine, digital diagnostics, and primary care through walk-in locations. Hempstead is part of the broader U.S. 290 Corridor growth area in Waller County, where the source information identifies new industrial investment and more than 1,000 county-wide jobs added in 2024.
Key Highlights
- 3,077 SF single‑tenant medical facility
- Built in 2025
- 15‑year absolute NNN lease
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 77445, TX
14,160
Population
5,810
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
185.8 sq mi
ZIP Area
76
Density / Sq Mi
$63,650
Median Household Income
$32,347
Median Earnings
$1,251
Median Rent
$270,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Brand-new healthcare facility under a long-term absolute NNN lease.
Where is this medical center located?
The property is located at 1915 FM 1488 Hempstead, TX.
What is the asking price?
The asking price for this property is $2,747,000.
What are key features of this property?
This property features: 3,077 SF single‑tenant medical facility; Built in 2025; 15‑year absolute NNN lease
