Transaction Details
$12.1 million
Sugarland, TX
40,730 SF
Healthcare Facility
Investment Sale
Medical Clinic
Key Highlights
Property Overview
CREG Healthcare successfully represented the seller in the $12.1 million sale of Hillcroft Medical Clinic, an 18,200 square foot healthcare facility in Sugar Land, Texas, one of Houston's most affluent and rapidly growing suburban markets.
Transaction Highlights
Hillcroft Medical Clinic is strategically located in Sugar Land, consistently ranked among America's best places to live and one of Houston's most desirable suburbs. The facility serves a diverse patient population with excellent commercial insurance penetration and high healthcare utilization. Sugar Land's strong demographics, excellent schools, and major corporate employers create robust demand for quality healthcare services.
Property Features
Sugar Land Location
Prime position in one of Texas' most affluent suburbs with excellent demographics and strong household incomes.
Houston Metro Access
Serving greater Houston metropolitan area, the nation's fourth-largest city, providing large patient population and growth potential.
Medical Clinic
Well-appointed medical facility with modern exam rooms, diagnostic capabilities, and professional management.
Market Fundamentals
Strong commercial insurance penetration and high healthcare utilization in affluent Sugar Land market.
Why This Transaction Succeeded
- Sugar Land Premium: Location in one of Houston's most desirable suburbs with exceptional demographics attracted quality buyers.
- Texas Market: Strong Texas economy and favorable business climate enhanced investment appeal.
- Demographics: Affluent population with strong commercial insurance coverage provided stable revenue potential.
- Houston Growth: Position in rapidly expanding Houston metro area supported long-term value appreciation.
- Marketing Strategy: Comprehensive campaign to Texas-focused investors and medical office buyers generated competitive interest.
Transaction Outcome
Hillcroft Medical Clinic sold for $12.1 million to a regional healthcare real estate investor seeking exposure to high-quality Texas markets. The transaction demonstrated CREG Healthcare's ability to effectively market properties in affluent suburban markets by emphasizing location quality, demographic strength, and market growth trends.
"CREG Healthcare's understanding of the Sugar Land market and their ability to articulate our property's location advantages resulted in strong buyer interest and excellent pricing."
Your Transaction Team
Work directly with our experienced managing partners who have closed billions in medical real estate transactions.
Considering Selling Your Medical Property?
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