For Sale
$2,500,000

13323 Dotson RdHouston, TX 77070

Houston medical office building, high ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional two-story, 7,000-square-foot medical office complex in Houston, Texas, presents a compelling investment opportunity. Located at 13323 Dotson Rd, 77070, in Harris County, this Class B property boasts a 4.68% cap rate and a strong net operating income (NOI) of $116,911. The building, constructed in 2007, sits on a 1.77-acre lot and offers ample parking with 50 spaces. Currently, the property enjoys 78% occupancy with two tenants under a triple-net (NNN) lease agreement, secured by a corporate guarantee. The building features three units, including fully built-out medical suites totaling 4,500 square feet of net rentable space. Suite 100 comprises 3,000 square feet, while Suite 200 offers 1,500 square feet. Each suite is meticulously designed for medical professionals, including waiting rooms, reception areas, billing/nursing stations, examination rooms, procedure rooms, restrooms, and break rooms. The property's prime location offers easy access to major thoroughfares like SH 249, Beltway 8, and Grand Parkway 99, placing it conveniently near Willowbrook Methodist Hospital and other medical facilities. The asking price is $2,500,000, translating to $357.14 per square foot. Electricity is paid by the tenant. This turnkey property is available for immediate occupancy, making it an ideal acquisition for investors seeking a high-return medical office investment in a thriving Houston location.

Highlights

  • 3,000 SF Suite 100 available.
  • 1,500 SF Suite 200 available.
  • Fully built-out medical office suites.
  • Rent starts at $4,794/month (base rent + NNN).
  • Tenant pays electricity.
  • Excellent medical location adjacent to Willowbrook Methodist Hospital.

Property Details for 13323 Dotson Rd

Property type
Office properties, Medical offices
Square Feet
7,000 SF
Class
B
Year Built
2007
Buildings
1
Stories
2
Lot Size (sq. ft)
77,101 SF
Units
3

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.969116671775
Longitude
-95.55315527328
13323 Dotson Rd, Houston, Texas

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13323 Dotson Rd
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