1729 Friendswood DrFriendswood, TX 77546

For Sale
Call for price

Texas Medical Office, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity in Friendswood, Texas, featuring a 5,563 square foot medical office building. This property boasts a 100% occupancy rate with a long-term, triple-net (NNN) lease in place with CareNow Urgent Care, a subsidiary of HCA Healthcare, extending until November 29, 2028. The lease commenced December 19, 2017, and currently has approximately 51 months remaining. CareNow has a strong track record, operating for over 31 years with 100+ locations nationwide. The building, constructed in 2017, sits on a 1.09-acre lot (47,480 square feet) at 1729 S Friendswood Dr, Friendswood, TX 77546, in a prime location near major retailers such as H-E-B, Walgreens, 24 Hour Fitness, and Starbucks. This presents a stable, high-demand investment with a reputable tenant and significant remaining lease term. The property's location within the affluent Friendswood community ensures consistent patient traffic and strong long-term value. HCA Healthcare holds a BB+ S&P rating, further solidifying the investment's strength and stability. This is a rare opportunity to acquire a high-performing medical office building with a proven tenant and a secure future.

Highlights

  • 5,563 SF medical office building in Friendswood, TX.
  • NNN lease with CareNow Urgent Care (subsidiary of HCA Healthcare) for 51 months remaining, expiring 11/29/2028.
  • 100% occupancy.
  • Built in 2017 on a 1.09-acre lot.
  • Located near major retailers including H-E-B, Walgreens, and Starbucks.

Property Details for 1729 Friendswood Dr

Property type
Other office properties, Medical offices
Square Feet
5,563 SF
Year Built
2017
Lot Size (sq. ft)
47,480 SF

Location Insight

City
Friendswood
County
Galveston
State
Texas
Latitude
29.5082032
Longitude
-95.1866858
1729 Friendswood Dr, Friendswood, Texas

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1729 Friendswood Dr
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