Medical Office
5300 RANCH PT DR, Katy, TX
For Sale
Contact for pricing
Three service-oriented occupants operate under triple-net leases, with surface parking serving the property.
Property Size10,059 SF
Price / SF$372.80
Days on Market42
Property Features for 5300 RANCH PT DR
General Information
Standard status
Size
Property subtype
Occupancy
Net Operating Income
Additional Details
Tenant in Place
Property Use
Medical Specialty
Building Details
Tenancy
Owner Occupied
Listing Agency:
Zeustra Healthcare Real Estate Advisors
Listed By:
Erik Gainor · License #FL
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 3:24PM
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 Zeustra Healthcare Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10,059-square-foot medical and professional office property in Katy is fully leased to three occupants: Vitana Sub-DPO, LLC / Healthy Teeth Pediatric Dentistry, Bespoke Childlife, and The Enrichery. The tenancy spans pediatric dentistry, child development, and education services. Leases are structured on a triple-net basis, and the site includes surface parking.
The weighted average lease term is 7.3 years. Current primary lease commitments run through April 2032 for The Enrichery and into 2034 for Bespoke Childlife and Vitana / Healthy Teeth. Contractual rent increases and renewal options are included in the leases.
The weighted average lease term is 7.3 years. Current primary lease commitments run through April 2032 for The Enrichery and into 2034 for Bespoke Childlife and Vitana / Healthy Teeth. Contractual rent increases and renewal options are included in the leases.
Key Highlights
- 10,059‑square‑foot medical and professional office property
- Fully occupied by three tenants across dental, child development, and education services
- 7.3‑year weighted average lease term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,261
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,345,220
$3.3M
Cap Rate 7%
$2,389,443
$2.4M
Cap Rate 9%
$1,858,456
$1.9M
Market Conditions
NOI Build-Up for 10,059 SF
Gross rent
$298.1K $29.64/SF
− Vacancy
−$19.4K −$1.93/SF
EGI
$278.8K $27.71/SF
− OpEx
−$111.5K −$11.09/SF
NOI
$167.3K $16.63/SF
Area
Fort Bend County, TX
Vacancy
6.50%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,345,220
Cap Rate 7%
$2,389,443
Cap Rate 9%
$1,858,456
Alternative Uses
Best Use
Healthcare Medical
$2.39M
$2.09M – $2.79M
NOI $167,261 @ 7.0% cap · market cap 4.46%
Second Best
Office B
$2.00M
$1.75M – $2.33M
NOI $139,995 @ 7.0% cap · market cap 3.73%
Theoretical Best
Mixed Use
$3.26M
$2.85M – $3.80M
NOI $228,033 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Office buildings in Fort Bend County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three service-oriented occupants operate under triple-net leases, with surface parking serving the property.
Where is this office building located?
The property is located at 5300 RANCH PT DR Katy, TX.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 10,059‑square‑foot medical and professional office property; Fully occupied by three tenants across dental, child development, and education services; 7.3‑year weighted average lease term
