Cypress Station Medical Office Complex
Two Building MOB Campus: 29,891 SqFt
Marketing description
Capital Heights Properties is pleased to present a two-building medical office campus located in Houston, Texas. The offering consists of approximately ±29,891 SF across two single-story medical office buildings situated on a ±2.9-acre site within an established medical and commercial corridor. The campus benefits from strong accessibility, modern construction, and a configuration well suited for outpatient medical use.
The first building, located at 522 Timberdale Lane, is a ±15,368 SF facility constructed in 2019 and is currently 100% occupied by Texas Oncology, providing immediate stabilized cash flow. The second building, located at 1250 Cypress Station, comprises approximately ±14,523 SF, was renovated in 2019, and is 46% occupied by Texas Oncology, offering near-term lease-up and value-add potential.
The campus features flexible medical office layouts, modern building systems, and 178 on-site parking spaces, including 18 covered spaces, supporting patient and staff needs. Represented exclusively, this medical office campus offers a compelling opportunity to acquire a healthcare-focused asset combining income stability and future growth potential within the Houston market.
Investment highlights
Two-building medical office campus totaling approximately ±29,891 SF on a combined ±2.9-acre site, offering scale, parking capacity, and operational flexibility within a single ownership structure.
Anchored by Texas Oncology, operating approximately 300 locations with over 550 physicians, delivering strong tenant credit and long-term demand drivers associated with outpatient medical use.
One of only two PET scan facilities available within a 10-mile radius—serving a highly underserved market.
Blended investment profile featuring a fully stabilized building (100% occupied by Texas Oncology) alongside a partially occupied building (46% occupied by Texas Oncology), providing immediate cash flow with near-term value-add upside through lease-up.
Modern construction and recent renovations, including a 2019-built facility and a second building renovated in 2019, reducing near-term capital expenditure requirements.
Purpose-built medical office layouts designed to support clinical, administrative, and outpatient healthcare operations, enhancing long-term tenant retention and reusability.
Exceptional parking and site functionality, with 178 on-site parking spaces, including 18 covered spaces, meeting medical office parking ratios and supporting patient convenience.
Fully fenced campus environment providing enhanced security, controlled access, and a cohesive medical office setting attractive to institutional healthcare users.
Strategically located within the Houston medical office market, benefiting from strong population growth, healthcare demand, and access to regional transportation corridors.
Flexible long-term repositioning potential, allowing ownership to pursue full campus lease-up, medical specialization, or portfolio aggregation strategies.
Rare opportunity to acquire a medical office campus with both stabilized income and embedded growth potential in a high-demand healthcare real estate sector.
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