21660 Kingsland Blvd 15,077 SF 94% Leased Office Building Katy, TX 77450 $5,400,000 ($358.16/SF) 6.58% Cap Rate

Zeustra, LLC is pleased to present the exclusive opportunity to acquire 21660 Kingsland Blvd, a 15,077 square foot multi-tenant medical office building situated on 3.10 acres within Katy's premier medical corridor. Currently 94% occupied with a diversified healthcare tenant base, the property delivers stable in-place cash flow alongside meaningful near-term upside through lease-up of the remaining vacancy.
The asset's most compelling attribute is its irreplaceable location — positioned directly adjacent to the hospital and surrounded by one of Greater Houston's most concentrated clusters of medical users. This adjacency drives durable, long-term demand for outpatient services and provides tenants.
The surrounding trade area reinforces the investment thesis: within a 5-mile radius, the submarket supports more than 291,000 residents, over 97,000 households, median household income exceeding $101,000, and nearly 9,800 businesses — demographic fundamentals that underpin sustained demand for healthcare services.
21660 Kingsland presents a differentiated opportunity. The property's varied lease term profile offers the ability to mark rents to market over time, while the 4.092-acre site carries meaningful underlying land value — providing optionality for future expansion or redevelopment in one of Katy's most established healthcare nodes. Recent capital improvements, including a new 20-year roof and 8.0 parking spaces per 1,000 square feet, further reduce near-term capital requirements and position the asset for long-term institutional quality.