Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus and Millichap and RI Marketplace are pleased to offer the Oak Bend Medical Building (the “Property”) located at 1601 Main Street in Richmond, Texas approximately 30 miles southwest of Houston. Oak Bend Medical Building, a 91,138 rentable square foot medical of?ce building, is located in the center of Richmond, Texas. The Property provides an investor with a true value-add medical of?ce building investment opportunity. The building is located along Highway 90, aka Main Street, the main traf?c artery bisecting the city of Richmond. The Property has multiple access points to enter with visitor parking in the front and with ample surface parking for staff and reserved doctor surface parking both at the rear of the building. Currently at 49.2% percent occupancy, Oak Bend Medical Building offers a true value-add play for any astute investor. The seller has invested substantial capital in upgrading the interior and building systems within the medical of?ce building. The property is connected via a skywalk to the adjacent Oak Bend Medical Center (Hospital), a 184-bed thriving hospital serving the Richmond area since 1950. The property is truly a rare gem and an exceptional opportunity for an investor to purchase a signi?cantly renovated medical of?ce building at a substantial discount to replacement cost.