Shadow-Anchored Medical Office
3569 Business Center Dr Pearland, TX 77584
3569 Business Center Dr, Pearland, TX, 77584
Contact for pricing
For Sale
Contact for pricing
Recently completed medical office center is fully occupied with NNN leases and annual 3% rent increases.
Property Size22,434 SF
Days on Market103
Property Features for 3569 Business Center Dr
General Information
- Standard status
- Active
- Size
- 22,434 SF
- Property subtype
- Mixed Use, Retail, Special Purpose
Listing agency
Partners Real Estate Houston
(713) 275-9606
Listed by
Marc Peeler · License #TX 627894
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 4:52PM 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
Location Intelligence
Current Use by Public Records
Lotus Health
Medical Clinic
Pyramids Infusion Center
Pharmacy
Innova Pain Center
Medical Clinic
Total Wellness Physical ...
Medical Clinic
Dr. Enas H. ...
Pediatrician
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Similar Off Market Nearby
- Pearland 288 Animal Emergency Clinic of Silverlake — 10100 Broadway St STE 102, Pearland, TX 77584
- Banfield Pet Hospital — 3119 Silverlake Village Dr, Pearland, TX 77584
- Pearland Animal Cancer and Referral Center — 10100 Broadway St STE 102, Pearland, TX 77584
FAQs
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
