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Greatwood Professional Center 7002 Riverbrook Dr 18,260 SF 100% Leased Office Building Sugar Land, TX 77479 $4,327,000 ($236.97/SF) 6.78% Cap Rate
EXECUTIVE SUMMARY
+ 18,260 SF, one-story, professional office building, built 2000.
+ 10 Medical / Professional tenants: Counseling, Fitness, Homeowners Assn Services, Integrative Medicine, Children & Family Therapy (3), IT & Automation, Psychiatric Services
+ 1 Executive suite 971 SF for lease; Seller rent guarantee one year.
+ 3 tenants in place 10 years (40% of SF)
+ New roof 2009.
+ 64 concrete parking spaces
+ Borders Greatwood Golf Course
+ 10 Medical / Professional tenants: Counseling, Fitness, Homeowners Assn Services, Integrative Medicine, Children & Family Therapy (3), IT & Automation, Psychiatric Services
+ 1 Executive suite 971 SF for lease; Seller rent guarantee one year.
+ 3 tenants in place 10 years (40% of SF)
+ New roof 2009.
+ 64 concrete parking spaces
+ Borders Greatwood Golf Course
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
18,260 SF
Building Class
B
Year Built
2000
Price
$4,327,000
Price Per SF
$236.97
Cap Rate
6.78%
NOI
$293,402
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,260 SF
Building FAR
0.23
Lot Size
1.80 AC
Zoning
None
Parking
64 Spaces (3.5 Spaces per 1,000 SF Leased)
AMENITIES
- Golf Course
- Pond
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 4,153 SF
- Office/Medical
- Full Build-Out
- Jan 2026
Located at the crossroads of US59/69 and TX 99 Grand Parkway with easy access North and South. Surrounded by high quality homes, retail and medical. Executive suites include electrical, janitorial, water. Move in ready. EV charging stations on the property
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,153 SF | Office/Medical | Full Build-Out | Jan 2026 |
| 1st Fl-Ste 900 B | 971 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 4,153 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Jan 2026 |
1st Fl-Ste 900 B
| Size |
| 971 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 900 B
| Size | 971 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Located at the crossroads of US59/69 and TX 99 Grand Parkway with easy access North and South. Surrounded by high quality homes, retail and medical. Executive suites include electrical, janitorial, water. Move in ready. EV charging stations on the property
1 1
PROPERTY TAXES
| Parcel Number | 0049-00-000-0855-901 | Improvements Assessment | $2,328,600 |
| Land Assessment | $653,400 | Total Assessment | $2,982,000 |
PROPERTY TAXES
Parcel Number
0049-00-000-0855-901
Land Assessment
$653,400
Improvements Assessment
$2,328,600
Total Assessment
$2,982,000
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
McAdams & Associates
Greatwood Professional Center | 7002 Riverbrook Dr
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