1300 Main St - Medical FOR SALE


Richmond, TX 77469- Richmond/Rosenberg
$4,599,429 USD
732-856-4349
1300 Main St, Richmond, TX for Sale
$4,599,429 USD
Medical - FOR SALE
1/15
null | 7% Cap Rate

1300 Main St
Richmond, TX 77469
Richmond/Rosenberg


HIGHLIGHTS

  • Recently signed lease with 2.5% annual increases and minimal landlord responsibilities.
  • Directly next to OakBend Medical Center, supporting referrals and tenant retention.
  • Trusted pediatric practice with 120,000+ patients served since inception.
  • Fort Bend County median income $113K+ and projected to exceed 1.1M residents by 2030.
  • High local demand for pediatric care with minimal competition.

OVERVIEW

Zeustra Healthcare Real Estate is proud to exclusively present 1300 Main Street, a 10,837 SF single-tenant medical office building located in the heart of Fort Bend County—Texas’ fastest-growing and most affluent county. This institutional-quality asset is 100% leased to Pediatric Center, a multi-physician pediatric group that has served over 120,000 patients at this location alone. The group recently executed a brand-new 10-year NNN lease with 2.5% annual rent escalations, offering secure, long-term cash flow with no landlord responsibilities. Strategically positioned directly adjacent to OakBend Medical Center, this facility is embedded within one of the Houston MSA’s most active and rapidly growing suburban healthcare corridors. Fort Bend County has grown over 60% since 2010 and is expected to exceed 1.1 million residents by 2030—demand for outpatient care continues to rise—solidifying the property’s long-term relevance and value. Backed by a trusted, physician-led medical group with deep community roots and minimal competition in the immediate area, this offering represents a rare opportunity to acquire a passive, healthcare-backed investment in a high-growth market—complete with institutional credit, minimal landlord responsibilities, and hospital adjacency.

FOR SALE DETAILS

PRICE

$4,599,429 USD

PRICE/SF

$424 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant 10-Year NNN Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,759 SF

ZONING

GC

APN/PARCEL ID

1740-02-010-0004-901

ASK ABOUT THIS PROPERTY

Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.