OFFERS REQUESTED BY THURSDAY, DECEMBER 8TH, 2016 – 5:00 PM CST
CBRE’s U.S. Healthcare Capital Markets Group is pleased to offer the exclusive opportunity to acquire the North Cypress Medical Center Portfolio (the “Portfolio”), a 366,380 rentable square foot collection of trophy medical office assets located in one of Houston’s fastest growing corridors. The Portfolio consists of four medical office buildings, of which 86% of the rentable square footage is located on the hospital’s flagship campus, and a parking garage. North Cypress Medical Center (“NCMC”) is a 175-bed state-of-the-art general acute care hospital which opened in 2007 as a physician-owned inpatient facility and now boasts over $1.7 billion in annual patient revenues with 68,000 outpatient visits per year (Source: AHD.com).
Investment Highlights
- Highly Profitable Operator – 15-Year Leaseback
- Rare Trophy Product
- Inpatient Connectivity
- Houston Growth Corridor
- Significant Capital Investments by Tenancy
- Delivered Free and Clear of Any Debt
| Price | Best Offer |
| Number of Buildings | Four (4) |
| Total Size | 366,380 SF |
| Percentage Leased | 100% |
| In-Place NOI | $7,764,934 |
Contact Information
CBRE U.S. Healthcare Capital Markets Group
Chris Bodnar
Executive Vice President
+1 303 628 1711
chris.bodnar@cbre.com
Lee Asher
Executive Vice President
+1 404 504 5965
lee.asher@cbre.com
Karen Vinsko
Associate Director
+1 214 476 1135
karen.vinsko@cbre.com
CBRE Houston Healthcare Services
Nelson Udstuen
Vice President
+1 713 577 1716
nelson.udstuen@cbre.com
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