Updated Oct 16, 2025
Amegy Bank Provides $4.5 Million Loan For Medical Office Building In League City
3033 Marina Bay Drive
$4,500,000
$168/SF
Building Size
26,670 SF
Asset Type
Medical Office
Closing
Oct 8, 2025
About this deal
AI
A refinancing loan was arranged for a medical office building located at 3033 Marina Bay Drive in League City. The asset encompasses a total of 26,670 square feet, and the loan amount secured was $4,500,000. The property is currently 94.5% leased.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $4,500,000
- Address: 3033 Marina Bay Drive
- Market: League City
- Lender: Amegy Bank
- Landlord: Creative Equities
- Broker: Tyler Morss - Cushman & Wakefield
Cushman & Wakefield facilitated the refinancing loan provided by Amegy Bank on behalf of the landlord, Creative Equities, based in Miami. The transaction supports the continued operation of the leased medical office property.
On the Map
$4,500,000
$168/SF
Medical Office
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Players
League City Medical Office Market Snapshot
Boundary boundary · Medical Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93