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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
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
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 330
- 985 SF
- Office
- -
- 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
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
Parcel Number | 8701-01-000-0030-907 | Improvements Assessment | $13,159,741 |
Land Assessment | $2,930,129 | Total Assessment | $16,089,870 |
PROPERTY TAXES
About the Architect
Sale Advisors
Jeff Beard, President (Broker)
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.
Brandi McDonald Sikes, MCR, Principal & Senior Advisor
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.
Presented by
Sugar Land Physicians Center | 7616 Branford Pl
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