8927 Highway 6Missouri City, TX 77459

Property Details for 8927 Highway 6

Year built

2014

Lot size

0.92 AC

Property size (Sq ft)

6,651 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional 6,651 square foot medical office building in Missouri City, Texas, presents a compelling investment opportunity. Located at 8927 Hwy 6, this fee-simple property boasts a 17-year remaining lease term (expiring 12/01/2041) with a reputable, single tenant – Total Point ER – a rapidly expanding company. The absolute NNN lease structure ensures minimal landlord responsibilities, with 2% annual rent bumps built into the contract. The property features 26 parking spaces and sits on a 0.92-acre lot, zoned Commercial - LC-3. Built in 2014, the building enjoys 100% occupancy, generating a strong NOI of $552,428 and a 7.25% cap rate. The asking price is $7,620,000 ($1,145.69/sq ft). The property benefits from a prime location in a dense retail corridor, across from an H-E-B anchored center and a 190-unit apartment complex. Strategically situated along Highway 6 (39,900 vehicles per day), it offers excellent visibility and accessibility. The trade area is supported by a robust population of 188,000 residents and 25,000 employees, with an average household income of $135,509. Four 5-year lease options provide further long-term security. This is a rare opportunity to acquire a stable, high-performing asset in a thriving Texas market.

Location Insight

City

Missouri City

County

Fort Bend

State

Texas

Latitude

29.5399

Longitude

-95.5347

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