Northwest Professional Building | 17325 Red Oak Dr
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Northwest Professional Building 17325 Red Oak Dr
6,818 SF 100% Leased Office Building Houston, TX 77090 $1,200,000 ($176/SF)
Investment Highlights
- The area includes both the middle and upper class income in close proximity to Highway I-45 with traffic of over 200,000 per day
- Less than half a mile from Highway I-45, The Woodlands, Kingwood and less than 10 miles from Bush Airport
Executive Summary
We can sell you a portion if not interested in buying the whole property as it can be divided into 3-4 suites. This recently remodeled in 2021 office/medical space has 20 rooms with two operating rooms and a recovery room which can be used as surgery center or MRI. We have 3 phase electricity line.
We are located in a small medical center with HCA hospital nearby and almost 400 doctors practice in a one mile radius.
This could be an ideal for ER, Urgent care, Surgery center, Diagnostic facility or multi specialty practice.
The owner can also lease a portion the space to have immediate revenue for the new buyer.
We are located in a small medical center with HCA hospital nearby and almost 400 doctors practice in a one mile radius.
This could be an ideal for ER, Urgent care, Surgery center, Diagnostic facility or multi specialty practice.
The owner can also lease a portion the space to have immediate revenue for the new buyer.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
6,818 SF
Building Class
B
Year Built/Renovated
1980/2020
Price
$1,200,000
Price Per SF
$176
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,818 SF
Building FAR
0.26
Land Acres
0.60 AC
Parking
102 Spaces (14.96 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Bus Line
- Controlled Access
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Natural Light
- Wi-Fi
- Hardwood Floors
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0421850000336 | Improvements Assessment | $906,724 (2023) |
| Land Assessment | $196,733 (2023) | Total Assessment | $1,103,457 (2023) |
PROPERTY TAXES
Parcel Number
0421850000336
Land Assessment
$196,733 (2023)
Improvements Assessment
$906,724 (2023)
Total Assessment
$1,103,457 (2023)
-
Sonit Seth -
Smita Singh -
The Seth Brothers Team at eXp Realty
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Northwest Professional Building | 17325 Red Oak Dr
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