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
About this deal
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.
On the Map
Office
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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