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Property Description

HEALTHCARE REAL ESTATE INVESTMENT OPPORTUNITY

CPC MEDICAL PLAZA

203 North College Avenue | Cleveland, Texas


We are pleased to present CPC Medical Plaza, a fully leased multi-tenant medical office investment located in Cleveland, Texas within the Houston metropolitan growth corridor. The property consists of approximately 19,110 square feet and is 100% occupied by a diversified mix of healthcare tenants, including a long-term pediatric anchor tenant with lease stability through 2041. The asset generates approximately $247,200 in annual income and is offered at $2,895,000, equating to approximately $151 per square foot.

This pricing represents a discount to comparable medical office transactions across the Houston MSA, which are typically trading between $160 and $180 per square foot. The tenant mix includes pediatrics, cardiology, imaging, behavioral health, and general medical services, creating a stable and synergistic healthcare environment with strong long-term demand fundamentals. This offering presents an attractive opportunity for investors seeking a stabilized healthcare asset with immediate income, long-term tenancy, and the potential for rental upside through lease renewals and repositioning.


INVESTMENT SNAPSHOT

   
Building Size ±19,110 SF
Occupancy 100% Leased
Annual Income ~$247,200
Price/SF ~$151/SF
Asset Type Medical Office

INVESTMENT HIGHLIGHTS

  • Stabilized, income-producing healthcare asset
  • Long-term anchor tenant (Pediatrics through 2041)
  • Diversified medical tenant mix
  • Houston MSA growth corridor location
  • Offered below market pricing

 

TENANT PROFILE

  • Pediatrics (Anchor Tenant)
  • Cardiology
  • Imaging
  • Behavioral Health (ABA)
  • General Medical

LOCATION ADVANTAGE

Strategically located within the expanding Houston metropolitan growth corridor, benefiting from:

  • Population growth
  • Increasing demand for outpatient services
  • Access via US-59 / I-69

 

CONTACT

Rhonda Hicks, MBA
RE/MAX Premier Houston
The RE/MAX Collection | RE/MAX Commercial

281-798-7741
[email protected]

Overview

Property Status
For Sale
Lot Size
0.86 Acres
Property Type
Commercial
Space Type
Office

Features & Amenities

Total Area
19,110 Sq.Ft.
Sales Price
$2,895,000

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Healthcare Real Estate Investment Opportunity (CPC Medical Plaza)

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Thank you

for your interest in 203 North College Avenue, Cleveland, TX 77327

Healthcare Real Estate Investment Opportunity (CPC Medical Plaza)
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Healthcare Real Estate Investment Opportunity (CPC Medical Plaza)

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    License #449790

    (281) 798-7741
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