Sugar Creek on the Lake
14141 Southwest Fwy, Sugar Land, TX, 77478-4630, US
516,526 sf
JLL Capital Markets, on behalf of ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in 4126 Southwest Freeway (“the Property”), a 140,012 square foot, medical office property located in the Greenway Plaza submarket in Houston, TX. The Property is currently 70% leased with a well established medical tenancy base and offers investors a strategic value-add investment via repostioning of the asset and lease-up of the current vacancies. The Property’s largest tenant, T-Mobile (21% of NRA), is vacating in September 2024 bringing occupancy to 49.3%. This known vacate enables investors the opportunity to recapture the only space that is currently non-medical use and implement a strategy to re-brand the Property in the marketplace. Additionally, the Property is positioned to benefit from a strengthening Houston medical office market. With direct frontage on Interstate 69, the Property boast one of the best signage opportunities along the entire highway.