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Sugar Land Physicians Center 7616 Branford Pl

56,595 SF 87% Leased 4-Star Office Building Sugar Land, TX 77479 For Sale

Investment Highlights

  • Sugar Land Physicians Center offers 7616 Branford Place, a 55,375-SF Class A MOB for sale at an occupancy rate of 91.4% and NOI of $1,263,676.
  • Affluent client base with an average household income of $153,733 that spends about $66 million annually on healthcare within a 3-mile radius.
  • Walkable to dozens of amenities such as Costco, Tropical Smoothie, McAlister’s Deli, CVS, Gyro Hut, Schlotzky’s, Kung Fu Tea, and Black Bear Diner.
  • Highly accessible location just off Highway 59, 30 minutes from Downtown Houston, with 150 covered and 75 uncovered parking spaces.
  • Sugar Land’s population is projected to reach 134,625 by 2024 and leans very young as about 30% of current residents are 24 or under.
  • EDC of Sugar Land identifies life sciences as a key sector, hosting companies like Houston Methodist, MD Anderson, Bluebonnet Nutrition, and more.

Executive Summary

Enter a world-renowned healthcare market with a facility wholly crafted to maximize the productivity and efficacy of medical users. Located at 7616 Branford Place, Sugar Land Physicians Center has a GLA of 55,375 square feet and is 91.4% occupied, providing a Net Operating Income of $1.26 million. The Class A suites are easily accessible for clients and employees with ample garage and surface parking. Plus, Highway 59 is a half-mile away, so you can quickly explore the area’s incredible advantages for healthcare businesses and their employees alike.

Over the past decade or so, Sugar Land has become a titan in the Houston region and a preferred city for hundreds of new businesses and affluent residents. Since 2010, the population within a mile of Sugar Land Physicians Center has more than doubled, from 5,413 to 12,238. This growth concentration is undoubtedly correlated to the highly amenitized environment with Town Center Square, First Colony Mall, Sugar Land Town Square, and dozens of more desirable locations just minutes away. Sugar Land’s residents also place a high value on health — the governor’s office has recognized Sugar Land as the fittest city in Texas multiple times in recent years. These citizens have plenty of options as Sugar Land is home to 20 biotech companies, and medical offices have remained the most prevalent development since 2010, a perfect complement to the prolific Houston healthcare market.

Host to the world’s largest medical complex, Texas Medical Center, Houston’s prominence in the healthcare industry cannot be understated and provides an abundance of potential professional connections. For example, the Houston Methodist health system has a hospital at the enormous center and a substantial complex just five minutes from Sugar Land Physician Center.

Sale Flyer

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
56,595 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2014
Percent Leased
87%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
18,865 SF
Slab To Slab
12’
Building FAR
0.65
Land Acres
1.99 AC
Zoning
None
Parking
225 Spaces (3.98 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Security System
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Perimeter Trunking

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 120
  • 4,924 SF
  • Office
  • -
  • Jan 2025
  • 1st Fl-Ste 130
  • 1,057 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 140
  • 5,117 SF
  • Office
  • -
  • Mar 2025
  • 1st Fl-Ste 150
  • 3,565 SF
  • Office
  • -
  • Jan 2025
  • 3rd Fl-Ste 305
  • 670 SF
  • Office/Medical
  • -
  • Now
  • 3rd Fl-Ste 330
  • 985 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 340
  • 4,750 SF
  • Office/Medical
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 120 4,924 SF Office - Jan 2025
1st Fl-Ste 130 1,057 SF Office - Now
1st Fl-Ste 140 5,117 SF Office - Mar 2025
1st Fl-Ste 150 3,565 SF Office - Jan 2025
3rd Fl-Ste 305 670 SF Office/Medical - Now
3rd Fl-Ste 330 985 SF Office - Now
3rd Fl-Ste 340 4,750 SF Office/Medical Full Build-Out Now

1st Fl-Ste 120

Size
4,924 SF
Space Use
Office
Condition
-
Available
Jan 2025

1st Fl-Ste 130

Size
1,057 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 140

Size
5,117 SF
Space Use
Office
Condition
-
Available
Mar 2025

1st Fl-Ste 150

Size
3,565 SF
Space Use
Office
Condition
-
Available
Jan 2025

3rd Fl-Ste 305

Size
670 SF
Space Use
Office/Medical
Condition
-
Available
Now

3rd Fl-Ste 330

Size
985 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 340

Size
4,750 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 305

Size 670 SF
Space Use Office/Medical
Condition -
Available Now

3rd Fl-Ste 340

Size 4,750 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

About E Fort Bend Co/Sugar Land

One of the premier suburban destinations in the Houston metro, Sugar Land includes its namesake master-planned community and the surrounding areas. Buoyed by strong population and job gains, this area has attracted notable multifamily activity. It is one of the few live/work/play environments outside of the 610 Loop. Some of Houston’s major arteries run directly through the area, including Interstate 69 and Beltway 8, offering tenants exceptional connectivity across the region.

Residents here earn some of the highest incomes in the region, and the area is also home to a high percentage of college graduates, making single-family homeownership relatively affordable, particularly as home values are lower than the metro average. The area is also known for its multiculturalism, with Fort Bend County being one of the most ethnically diverse counties in the United States.

Sugar Land is a regional employment center. The area is home to a diverse array of high-profile corporations including United Healthcare, Texas Instruments, Noble Drilling Services, and Bechtel EO. In addition, several large energy and engineering firms are headquartered here, such as Fluor Enterprises, Schlumberger, Fairfield Technologies, and Nalco Champion. Other companies with a presence here include Coca-Cola, United Way, and Kelsey-Seybold Clinic.

Investors are attracted to this area because of its strong economic base and the value assets here provide compared to other parts of the region. Pricing is favorable, with the average price per square foot at a significant discount to nearby areas closer to the city center, like Katy Freeway West and the Central Business District.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
8,547
73,772
190,063
2024 Population
8,948
77,347
203,502
Population Growth '20-'24
4.7%
4.9%
7.1%
2020 Households
2,682
25,399
63,949
2024 Households
2,825
26,849
68,790
Household Growth '20-'24
5.3%
5.7%
7.6%
Average Age
39
41
40
Median Household Income
$156,156
$117,557
$107,117
Daytime Employees
10,569
43,677
92,022
Total Businesses
1,680
5,602
11,568
College Degree + Higher
65%
60%
54%

Nearby Amenities

Hospitals

Sugar Land Surgical Hospital Acute Care 4 min drive 1.9 mi
Houston Methodist Sugarland Hospital Acute Care 4 min drive 2 mi
St Luke's Sugar Land Hospital Acute Care 7 min drive 3 mi
Memorial Hermann Sugar Land Hospital Acute Care 7 min drive 3.7 mi
Oakbend Medical Center Acute Care 17 min drive 11 mi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8701-01-000-0030-907
Land Assessment
$2,930,129
Improvements Assessment
$13,159,741
Total Assessment
$16,089,870

About the Architect

Read More

Sale Advisors

Sale Advisors

(281) 367-2220 x102
Contact
Jeff Beard, President (Broker)
(281) 367-2220 x102
Contact
Jeff Beard has been a CCIM since June, 2000 and is a graduate of Texas A&M University, with a BBA degree in finance. He is a licensed Texas Real Estate Broker, member of the International Council of Shopping Centers and is also past President of the Commercial Real Estate Association of Montgomery County.
Jeff founded The J. Beard Real Estate Company, L.P. in October 2003. Under his guidance, the company first established itself in the North Harris/Montgomery County commercial marketplace before expanding into a major Houston-area real estate presence.
With Jeff serving as President, The Houston Business Journal consistently ranks the company as one of the top 20 largest Houston-area commercial real estate brokerage firms.
Jeff remains active and participates in all facets of the business, from a leadership and management role, to actively marketing several for sale and leasing assignments.
(832) 623-6674 x171
Contact
Brandi McDonald Sikes, MCR, Principal & Senior Advisor
(832) 623-6674 x171
Contact
After 25 years of serving clients from global commercial real estate platforms, Brandi McDonald previously founded Limestone Commercial Real Estate with a singular focus on serving clients at her highest and best.
Throughout her career, Brandi has been involved in the sourcing, negotiating and executing of over $2.7 billion and 13.2 million square feet of commercial transactions. With extensive HQ experience and a passion for start-ups, Brandi leverages proven practices and transaction acumen to empower her clients through complex commercial real estate decisions.
Accredited with unrivaled work ethic and creativity, she is energized by serving her clients in excellence.
  • Listing ID: 30088876

  • Date on Market: 11/17/2023

  • Last Updated:

  • Address: 7616 Branford Pl, Sugar Land, TX 77479

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