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2855 Gramercy StHouston, TX 77025
Houston Eye Associates | Houston, TX Sale Leaseback
Asset ClassHealthcare Facility
Square Feet53,044
# Tenants: 1% Leased: 100%Access Data Room
Medical Outpatient Building & Ambulatory Surgery Center
overview of deal

Overview

Transwestern Healthcare Capital markets (“Transwestern”) is pleased to offer for sale the fee simple interest in a single tenant ±53,044 square foot medical outpatient building called Houston Eye Associates Gramercy (“the Property” or “HEA Gramercy”). The Property is located less than a mile from the renowned Texas Medical Center (“TMC”) in Houston, Texas in the highly desirable Rice University neighborhood.

 

The Property was developed as a built-to-suit for Houston Eye Associates (“HEA”) in 1985 and remodeled in 2007. The location serves as the company's headquarters that includes a 6,900 SF operating room surgery center, clinical exam space, and an optical shop. HEA was founded in 1971 as a provider of ophthalmological and optometric care services in Houston, Texas. They have expanded to 17 Greater Houston Area locations with 38 ophthalmologists and 14 optometrists and over 300 employees. HEA is a multi-year recipient of the Houston Chronicle Best of the Best award and remains privately owned by its physician partners with its own Foundation to support dedicated

philanthropic goals.

 

This is a unique opportunity to acquire a medical outpatient building leased to a leading ophthalmology practice adjacent to the TMC. The building features fee simple ownership and is available free and clear of debt.

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Investment Highlights

  • Sale/leaseback of a 53,044 SF outpatient medical building
  • Houston Eye Associates is a best-in-class ophthalmology practice
  • Significant medical infrastructure purpose-built for ophthalmology
  • Central Houston location adjacent to the Texas Medical Center
2855 Gramercy StHouston, TX 77025

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