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Northwest Professional Building 17325 Red Oak Dr

6,818 SF 100% Leased Office Building Houston, TX 77090 $1,700,964 CAD ($249 CAD/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.

Financial Summary (Actual - 2022) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
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 (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
6,818 SF
Building Class
B
Year Built/Renovated
1980/2020
Price
$1,700,964 CAD
Price Per SF
$249 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,818 SF
Building FAR
0.26
Lot Size
0.60 AC
Parking
102 Spaces (14.96 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Kitchen
  • Central Heating
  • Natural Light
  • Wi-Fi
  • Hardwood Floors
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0421850000336
Land Assessment
$278,863 CAD (2023)
Improvements Assessment
$1,285,254 CAD (2023)
Total Assessment
$1,564,117 CAD (2023)
  • Listing ID: 29923238

  • Date on Market: 2023-10-30

  • Last Updated:

  • Address: 17325 Red Oak Dr, Houston, TX 77090

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