for sale

Timberdale Medical Arts
607 Timberdale Ln.
Houston, TX 77090
Primary Use:

Medical / Professional / Office

Area of Town:

Houston - Spring - Cypresswood

Building Size:

26,986 SF

Lot Size:

63,815 SF

List Price:

$2,950,000

Price/SF:

$109.32

Contact Broker

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Property Description

  • 26,986 Square Foot, Class B, ~90% occupied, multi-tenant medical building located in a rapidly growing MSA of Houston, TX.
  • The diverse mix of medical tenants includes Davita Dialysis, North Houston Nephrology, North Houston Infectious Disease and a dental practice.
  • Ideally located adjacent to HCA Houston Northwest and only minutes from George Bush Intercontinental Airport.
  • Built in 1998, the Property features masonry construction and 72 parking stalls.
  • The building is currently ±90% occupied by 4 tenants, providing an excellent opportunity to add value through leasing the remaining space.
  • Current annual rents range from approximately $18-$21 per SF.
  • Unique opportunity for owner-occupants to absorb some of the vacancies while further enhancing via strategic long term leasing strategies at market rates.
  • Additional value-add opportunity for leasing 2,582 SF of prime vacancy and converting from gross lease to NNN.

Location Details

  • Located just off FM 1960 directly west of I-45 on Timberdale Ln.
  • Convenient access to FM 1960, I-45, Hardy Toll Rd, Beltway 8 and SH-99/Grand Pkwy and on-site parking make for an easy commute
  • In close proximity to HCA Houston Northwest Hospital and ~11 miles from George Bush Intercontinental Airport
  • Various medical, office, retail, and hotels in the immediate vicinity

Property Pictures

 

We have provided several photos of the property. For additional information or to schedule a showing, please contact us.

More Information

FOR ADDITIONAL INFORMATION CONTACT:

ADAM MCALPINE, CCIM

Primary Listing Agent

 

Office: 281.973.4562

Email: adam@mi-cre.com

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