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601 Rockmead Drive

Matthews Real Estate Investment Services Represents Buyer In Medical Office Sale In Kingwood For $3,600,000
SOLDOffice

Matthews Real Estate Investment Services Represents Buyer In Medical Office Sale In Kingwood For $3,600,000

601 Rockmead Drive

Building Size

15,219 SF

Asset Type

Office

Closing

May 25, 2026

AI

The property asset involved in the transaction is a medical office located at 601 Rockmead Drive in Kingwood, TX. The office has a total square footage of 15,219 and is fully leased to Advanced Orthopaedics & Sports Medicine, part of OrthoLoneStar, the largest independent orthopedic practice in Texas. The site benefits from its proximity to HCA Houston Kingwood Hospital.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 601 Rockmead Drive
  • Market: Kingwood
  • Asset Size: 15,219 SF
  • Buyer's Representative: Josh Bishop, Alex Larramendi & Brett Baumgartner - Matthews Real Estate Investment Services
  • Seller's Representative: Ryan McCullough & Griff Bandy - Partners Real Estate

The transaction was facilitated by Matthews Real Estate Investment Services and Partners Real Estate, who arranged the purchase and sale. The brokers representing the buyer and seller played a key role in successfully completing the deal.

Players

Ryan McCullough

Partners Real Estate

Broker

6 deals

Broker
MS
Matthews Real Estate Investment ServicesBrokerage
Matthews
Matthews Brokerage

Kingwood Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93