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17030 Red Oak DrHouston, TX 77090
TOPS Comprehensive Breast Center
Asset ClassHealthcare Facility
Cap Rate9.25%
Deal Size: $3.25 MLease-Term Remaining: 2.5 YearsMSA: Houston-The Woodlands-Sugar LandAccess Data Room
NNN Medical Asset | Strong Tenant | High-Growth Houston Market
overview of deal

Overview

Zeustra, LLC (“Zeustra”) is pleased to present the exclusive opportunity to acquire a 100% leased, 10,000 square foot medical office building in Houston, Texas, net leased to TOPS Surgical Specialty Hospital, a physician-owned inpatient and outpatient surgical specialty operator. The property is secured by an absolute NNN lease and generates $300,000 in annual NOI, offering investors stable in-place income from an established healthcare tenant. TOPS has successfully operated from this location since 2005, and has recently made meaningful interior improvements in the last year, and further demonstrates its commitment to the site through ownership and operation of the adjacent surgical hospital immediately next door. The tenant also brings substantial financial strength, having generated over $24 million in EBITDA in 2024, while continuing to expand its outpatient footprint across the Houston market.

 

Positioned in Harris County, the largest county in Texas and the first in the state to surpass 5 million residents, the property benefits from one of the strongest population growth stories in the country. According to the U.S. Census Bureau, Harris County’s population reached 5,009,302 and grew 6.7% from April 2020 to July 2025; from 2023 to 2024 alone, the county added 105,852 residents, the largest numeric gain of any county in the United States. The broader Houston-The Woodlands-Sugar Land metro remains the fifth-largest metro area in the nation, with an estimated population of approximately 7.8 million, reinforcing the depth and long-term demand drivers of the surrounding healthcare market.

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Investment Highlights

  • Prime Houston location in a rapidly growing, high-demand medical corridor.
  • Established medical tenant with proven operating history.
  • Adjacent to major hospital system driving referrals and long-term demand.
  • Strong demographics with population and healthcare utilization growth.
  • Supply-constrained infill location with limited competing medical inventory.
  • Sticky medical tenancy supported by proximity to hospital and patient base.
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17030 Red Oak DrHouston, TX 77090

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