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
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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
