Medical Center Investment
For Sale
Contact for pricing
8925 Hwy 6 N, Houston, TX 77095
Medical building anchored by Fresenius Kidney Care with a 2025 renovation including new roof and rooftop HVAC units.
Property Size14,000 SF
Price / SF$228.57
Days on Market50
Property Features for 8925 Hwy 6 N
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$223,540
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1995
Year Renovated
2025
Tenancy
Multi
Listing Agency:
The Blue Ox Group
Listed By:
Rami Khoury · License #775141
Source:
Crexi
Added: Jul 13
Changed: Aug 25
Last Checked: Aug 31 at 1:41AM
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 The Blue Ox Group
Investment Insights
Based on property information with market context.
Copper Grove Corner is a medical anchored property in Houston, TX. The building is anchored by Fresenius Kidney Care, with a renewed 7-year term that includes three (3) additional 5-year options. The lease is signed by Bio-Medical Applications of Texas, Inc. and guaranteed by Fresenius Medical Care Holdings, Inc. (NYSE: FMS).
Copperfield Medical Building was recently renovated in 2025 with a new roof, three (3) new rooftop HVAC units, paint, fascia, fence, and landscaping. The property includes ingress/egress points along Hwy 6 and Point NW Blvd, with additional cross-access points with the adjacent development.
Located just off the regional intersection of Hwy 6 and Huffmeister Rd, the property provides access to Hwy 290 and FM 1960. The surrounding area is described as a dense residential node, with over 124,000 homes within 5 miles.
Copperfield Medical Building was recently renovated in 2025 with a new roof, three (3) new rooftop HVAC units, paint, fascia, fence, and landscaping. The property includes ingress/egress points along Hwy 6 and Point NW Blvd, with additional cross-access points with the adjacent development.
Located just off the regional intersection of Hwy 6 and Huffmeister Rd, the property provides access to Hwy 290 and FM 1960. The surrounding area is described as a dense residential node, with over 124,000 homes within 5 miles.
Key Highlights
- Medical building anchored by Fresenius Kidney Care with a renewed 7‑year term and three (3) 5‑year options
- Fresenius Kidney Care lease includes a Bio‑Medical Applications of Texas, Inc. lease and is guaranteed by Fresenius Medical Care Holdings, Inc. (NYSE: FMS)
- 2025 renovations include new roof and three (3) new rooftop HVAC units, plus paint, fascia, fence, and landscaping
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$194,746
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,894,920
$3.9M
Cap Rate 7%
$2,782,086
$2.8M
Cap Rate 9%
$2,163,844
$2.2M
Market Conditions
NOI Build-Up for 14,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$352.8K $25.20/SF
− Vacancy
−$28.2K −$2.02/SF
EGI
$324.6K $23.18/SF
− OpEx
−$129.8K −$9.27/SF
NOI
$194.7K $13.91/SF
Area
ZIP 77095
Vacancy
8.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,894,920
Cap Rate 7%
$2,782,086
Cap Rate 9%
$2,163,844
Alternative Uses
Best Use
Healthcare Medical
$2.78M
$2.43M – $3.25M
NOI $194,746 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $252,000 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 77095, TX
71,206
Population
26,429
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
4,844
Density / Sq Mi
$95,657
Median Household Income
$49,466
Median Earnings
$1,638
Median Rent
$288,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Medical building anchored by Fresenius Kidney Care with a 2025 renovation including new roof and rooftop HVAC units.
Where is this medical center located?
The property is located at 8925 Hwy 6 N Houston, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Medical building anchored by Fresenius Kidney Care with a renewed 7‑year term and three (3) 5‑year options; Fresenius Kidney Care lease includes a Bio‑Medical Applications of Texas, Inc. lease and is guaranteed by Fresenius Medical Care Holdings, Inc. (NYSE: FMS); 2025 renovations include new roof and three (3) new rooftop HVAC units, plus paint, fascia, fence, and landscaping
