Turnkey Two-Story Medical
For Sale
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3519 S Town Center S, Sugar Land, TX 77479
Two-story medical office built out with exam rooms, offices, reception, and administrative space.
Property Size6,106 SF
Price / SF$319.36
Days on Market339
Property Features for 3519 S Town Center S
General Information
Standard status
Active
Size
6,106 SF
Property subtype
OFFICE
Building Details
Stories
2
Listing Agency:
TC Global Commercial
Listed By:
Taro Chellaram · License #TX 547624
(832) 858-3855
Source:
Moodyscre
Added: Nov 29, 2025
Changed: Oct 25
Last Checked: Nov 1 at 7:34AM
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 TC Global Commercial
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Investment Insights
Based on property information with market context.
3519 Town Center Blvd, Unit B is a two-story medical office offering a turnkey, professionally maintained clinical build-out. The first floor provides purpose-built space for multi-provider operations, including 13 fully enclosed exam rooms, six private offices, a reception area, and a patient waiting room, along with two kitchen and break areas, multiple storage rooms, and three restrooms. Natural light and clear separation between patient and staff areas support an efficient patient flow.
Unit B is located directly across from the Houston Methodist Sugar Land Hospital campus and is surrounded by established medical users within Sugar Land’s healthcare district.
The second floor features open-concept space suitable for administrative and operational functions, including billing and revenue cycle support, provider workstations, training, telemedicine, and care coordination. Together, the two-story configuration provides separation between clinical and administrative areas while offering flexible use for evolving practice needs.
Unit B is located directly across from the Houston Methodist Sugar Land Hospital campus and is surrounded by established medical users within Sugar Land’s healthcare district.
The second floor features open-concept space suitable for administrative and operational functions, including billing and revenue cycle support, provider workstations, training, telemedicine, and care coordination. Together, the two-story configuration provides separation between clinical and administrative areas while offering flexible use for evolving practice needs.
Key Highlights
- Two‑story medical office totaling approx. 6,106 SF, built out for immediate medical use
- First floor approx. 4,603 SF: 13 fully enclosed exam rooms (many with sinks) plus six private offices
- Includes large reception and patient waiting area, plus two kitchen/break areas, multiple storage rooms, and three restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,220
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,424,400
$1.4M
Cap Rate 7%
$1,017,429
$1.0M
Cap Rate 9%
$791,333
$791.3K
Market Conditions
NOI Build-Up for 6,106 SF
Gross rent
$131.9K $21.60/SF
− Vacancy
−$13.2K −$2.16/SF
EGI
$118.7K $19.44/SF
− OpEx
−$47.5K −$7.78/SF
NOI
$71.2K $11.66/SF
Area
Sugar Land, TX
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,424,400
Cap Rate 7%
$1,017,429
Cap Rate 9%
$791,333
Alternative Uses
Best Use
Healthcare Medical
$1.02M
$890.3K – $1.19M
NOI $71,220 @ 7.0% cap · market cap 3.65%
Second Best
Office B
$630.6K
$551.7K – $735.7K
NOI $44,139 @ 7.0% cap · market cap 2.26%
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.36M
NOI $81,772 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,255
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 77479, TX
93,180
Population
30,680
Households
3
Avg Household Size
41
Median Age
68%
College-Educated
96%
High-School Grad
32.7 sq mi
ZIP Area
2,850
Density / Sq Mi
$162,381
Median Household Income
$73,630
Median Earnings
$1,997
Median Rent
$462,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Banfield Pet Hospital — 16758 Southwest Fwy, Sugar Land, TX 77479
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story medical office built out with exam rooms, offices, reception, and administrative space.
Where is this medical office space located?
The property is located at 3519 S Town Center S Sugar Land, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two‑story medical office totaling approx. 6,106 SF, built out for immediate medical use; First floor approx. 4,603 SF: 13 fully enclosed exam rooms (many with sinks) plus six private offices; Includes large reception and patient waiting area, plus two kitchen/break areas, multiple storage rooms, and three restrooms
