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14262 Gulf Fwy
Houston, TX 77034
Office Property For Sale
Investment Highlights
- Monthly base rent + NNN of over $13,000
- Medical Demand Drivers: 1 mile from Memorial Hermann Southeast Hospital
- New ownership can set lease rates for white-shell space and structure new tenancy,
Executive Summary
Ideal for 1031 exchange buyers, medical REITs, or private investors seeking durable returns.
The property at 14262 Gulf Freeway presents a compelling opportunity to acquire a cash-flowing healthcare asset with immediate upside in one of Houston’s most strategic submarkets. This ±9,960 SF medical office building is currently ±55% leased to a long-standing medical tenant with four years of remaining lease term, providing in-place income and operational stability.
Located on a high-traffic corridor with 445,000+ Vehicles per Day (VPD), direct I-45 frontage, and 1-mile proximity to Memorial Hermann Southeast Hospital, the property benefits from strong medical demand drivers and visibility.
The property at 14262 Gulf Freeway presents a compelling opportunity to acquire a cash-flowing healthcare asset with immediate upside in one of Houston’s most strategic submarkets. This ±9,960 SF medical office building is currently ±55% leased to a long-standing medical tenant with four years of remaining lease term, providing in-place income and operational stability.
Located on a high-traffic corridor with 445,000+ Vehicles per Day (VPD), direct I-45 frontage, and 1-mile proximity to Memorial Hermann Southeast Hospital, the property benefits from strong medical demand drivers and visibility.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,960 SF
Building Class
B
Year Built
2010
Price
$3,600,000
Price Per SF
$361.45
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,610 SF
Building FAR
0.16
Lot Size
1.43 AC
Zoning
Commercial Medical - Commercial Medical
Parking
37 Spaces (3.71 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1240340010001 | Improvements Assessment | $1,886,159 |
| Land Assessment | $585,291 | Total Assessment | $2,471,450 |
Property Taxes
Parcel Number
1240340010001
Land Assessment
$585,291
Improvements Assessment
$1,886,159
Total Assessment
$2,471,450
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