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18838-18842 S Memorial Dr

25,283 SF 81% Leased Office Building Humble, TX 77338 For Sale

Investment Highlights

  • Key Tenants: Memorial Hermann Health System, Tree of Life Children Academy, Precision Urology
  • Abundant Parking
  • Unparalleled access to Hwy 59/69, Sam Houston Tollway, FM 1960

Executive Summary

This 25,283 square foot, multi-tenant flex office building is ideally located directly across South Memorial Drive from the Regional Memorial Hermann Northeast Hospital and minutes from IH-69 in Humble, Texas. This asset provides an investor value through escalating rents along with vacant spaces offering lease-up upside.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,283 SF
Building Class
B
Year Built/Renovated
1982/2011
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
25,283 SF
Building FAR
0.37
Land Acres
1.59 AC
Zoning
None

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0410510010592
Land Assessment
$346,125
Improvements Assessment
$1,222,570
Total Assessment
$1,568,695
  • Listing ID: 31833700

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 18838-18842 S Memorial Dr, Humble, TX 77338

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