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9319 pinecroft drive

The Woodlands
Contact Broker for Pricing Details
Contact Broker for Pricing Details
9319 Pinecroft Drive
The Woodlands,

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Description

Property Summary

Property Type Approximate SQFT Property Tax

Address

Address: 9319 Pinecroft Drive
Area:
Country: Montgomery

Building

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Property Id: 64359784731
Price: Contact Broker for Pricing Details
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Highlights

Presenting 9319 Pinecroft Drive, a 21,760-square-foot, two-story medical office investment property strategically located in the heart of The Woodlands' established medical corridor.​ Constructed in 2012 and situated on approximately 2.03 acres, this Class B medical office building is 100% leased to an established healthcare tenant roster, including Tenet Healthcare and McKesson–US Oncology, which collectively occupy approximately 85% of the rentable building area.​ The property generates approximately $570,000 in current net operating income (NOI), with a weighted average lease term (WALT) exceeding five years.​ In-place rental rates are positioned at market levels and feature annual increases, providing investors with contractual income growth and long-term cash flow visibility.​ Located along Pinecroft Drive, the property benefits from its proximity to Memorial Hermann The Woodlands Medical Center, a 457-bed hospital, and the surrounding concentration of healthcare providers, outpatient facilities, and specialty medical practices.​ The immediate medical district encompasses approximately 3.5 million square feet of medical space within a three-mile radius, reinforcing the property's position within one of The Woodlands' established healthcare destinations.​ With full occupancy, significant national healthcare tenancy, and a desirable medical office location, 9319 Pinecroft Drive presents an opportunity to acquire a stabilized, income-producing medical office asset in The Woodlands, Texas.​

Building Details

County: Montgomery
Class: B
Total Building Sq Ft: 22,000 ft2
Property Type: Healthcare
Tenacy: Multiple

Space Details

Listing Type: Lease
Rentable Sq Ft: 21,760 ft2

Listing Contact

Contact: Rob Banzhaf
Phone: 281-210-0093
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Rob Banzhaf
281-210-0093

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