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1240 Clear Lake City Blvd
Houston, TX 77062 Clear Lake

$8,411,967 USD

Freestanding For Sale  •  15,807 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,807 SF
  • Lot Size 1.11 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

State of the Art Redevelopment – Delivered in 2024, the property was repurposed to accommodate the tenant’s specialized cardiology services.
Long-Term NNN Lease – The tenant signed an original 14-year lease in 2024, demonstrating its long-term commitment to the location.
Inflation-Protected Cash Flow – The lease features 3% annual rent increases, offering investors built-in income growth & a hedge against inflation.
Tax-Free/Top Destination State – Texas is one of nine states with no personal income tax, offering potential tax advantages for investors.
CMS-Certified Facility – Certification by the Centers for Medicare & Medicaid Services allows the center to treat a broad patient population.
Experienced Onsite Physicians – With over 13 physicians, the practice brings strong patient trust and clinical continuity to the site.

Amenities

  • Mezzanine
  • Security System
  • Signage
  • Drive Thru
  • Accent Lighting
  • Storage Space
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
William P Hobby 22 min - 10.8 mi
George Bush Intcntl/Houston 50 min - 37.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Andrew Fagundo 818-484-1658 Matthews Real Estate Investment Services
Andrew Fagundo 818-484-1658 Matthews Real Estate Investment Services