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Property Detail

Branford Place
Sugar Land Physicians Center offers 7616 Branford Place, a 55,375-SF Class A MOB for sale .

$Unpriced

Description

  • Sugar Land Physicians Center offers 7616 Branford Place, a 55,375-SF Class A MOB for sale at an occupancy rate of 91.4% and NOI of $1,263,676.
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  • Affluent client base with an average household income of $153,733 that spends about $66 million annually on healthcare within a 3-mile radius.
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  • Walkable to dozens of amenities such as Costco, Tropical Smoothie, McAlister’s Deli, CVS, Gyro Hut, Schlotzky’s, Kung Fu Tea, and Black Bear Diner.
  • Highly accessible location just off Highway 59, 30 minutes from Downtown Houston, with 150 covered and 75 uncovered parking spaces.
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  • Sugar Land’s population is projected to reach 134,625 by 2024 and leans very young as about 30% of current residents are 24 or under.
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  • EDC of Sugar Land identifies life sciences as a key sector, hosting companies like Houston Methodist, MD Anderson, Bluebonnet Nutrition, and more.

Executive Summary

Enter a world-renowned healthcare market with a facility wholly crafted to maximize the productivity and efficacy of medical users. Located at 7616 Branford Place, Sugar Land Physicians Center has a GLA of 55,375 square feet and is 91.4% occupied, providing a Net Operating Income of $1.26 million. The Class A suites are easily accessible for clients and employees with ample garage and surface parking. Plus, Highway 59 is a half-mile away, so you can quickly explore the area’s incredible advantages for healthcare businesses and their employees alike.

Over the past decade or so, Sugar Land has become a titan in the Houston region and a preferred city for hundreds of new businesses and affluent residents. Since 2010, the population within a mile of Sugar Land Physicians Center has more than doubled, from 5,413 to 12,238. This growth concentration is undoubtedly correlated to the highly amenitized environment with Town Center Square, First Colony Mall, Sugar Land Town Square, and dozens of more desirable locations just minutes away. Sugar Land’s residents also place a high value on health — the governor’s office has recognized Sugar Land as the fittest city in Texas multiple times in recent years. These citizens have plenty of options as Sugar Land is home to 20 biotech companies, and medical offices have remained the most prevalent development since 2010, a perfect complement to the prolific Houston healthcare market.

Host to the world’s largest medical complex, Texas Medical Center, Houston’s prominence in the healthcare industry cannot be understated and provides an abundance of potential professional connections. For example, the Houston Methodist health system has a hospital at the enormous center and a substantial complex just five minutes from Sugar Land Physician Center.

Sugar Land Physicians Center

Listing ID : 00860

SKU: 860

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