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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

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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

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Office/Residential
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
  • 1st Fl-Ste 900 B
  • 971 SF
  • Office
  • Full Build-Out
  • 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

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

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0049-00-000-0855-901
Land Assessment
$653,400
Improvements Assessment
$2,328,600
Total Assessment
$2,982,000
  • Listing ID: 38555766

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 7002 Riverbrook Dr, Sugar Land, TX 77479

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