13414 Medical Complex DrTomball, TX 77375

For Sale
$425,000
Prime Medical Office, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents two vacant medical office suites totaling 2,904 square feet within the Tomball Doctors Medical Plaza. Located at 13414 Medical Complex Dr, Tomball, TX 77375, this Class C property boasts a strategic location directly across from Tomball Regional Hospital's entrance and emergency room, and adjacent to HCA's Women's Health Care. Built in 1986, the single-story building features a contemporary masonry design with covered breezeways and ample parking. The suites offer a reception area, conference area, three bathrooms, five exam rooms with sinks, a leaded X-ray room, lab area, six offices, and a storage room. Currently vacant, this presents a unique chance for owner-users or investors to renovate and customize the space to meet their specific needs. The asking price is $425,000, reflecting a price per square foot of $146 and a pro-forma cap rate of 8.09%, with a pro-forma NOI of $34,400. The property benefits from the significant growth in the area, including the expansion of senior living facilities and the proximity to Lone Star College. The Highway 249 corridor's rapid development further enhances the investment potential. This is a rare opportunity to acquire a well-positioned medical office property in a thriving healthcare market. The net lease structure provides a straightforward ownership model. The property's current condition allows for significant customization and upgrades to suit the new owner's vision.

Highlights

  • Prime location directly across from Tomball Hospital's entrance and emergency room.
  • Adjacent to planned Tomball Regional Hospital Foundation office building and walking park, situated in a high-growth area for senior living and healthcare.
  • Suites 1 & 2 offer front & rear exits, reception areas, exam rooms with plumbing, 3 bathrooms, security closet, x-ray room, conference area, and doctor's offices; ample covered parking and interior courtyard access.
  • Class C building requiring tenant improvements; pricing reflects renovation needs, offering significant customization potential.
  • Located on the rapidly developing Hwy 249 corridor, providing convenient access to Bryan-College Station.

Property Details for 13414 Medical Complex Dr

Property type
Office properties, Medical offices
Square Feet
2,904 SF
Class
C
Year Built
1986
Buildings
1
Stories
1

Location Insight

City
Tomball
County
Harris
State
Texas
Latitude
30.085978573424
Longitude
-95.623593408254
13414 Medical Complex Dr, Tomball, Texas

FAQs

What type of property is this?
Office property - Prime Medical Office, High Growth Area
Where is the office property located?
The property is located at 13414 Medical Complex Dr Tomball, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime location directly across from Tomball Hospital's entrance and emergency room.; Adjacent to planned Tomball Regional Hospital Foundation office building and walking park, situated in a high-growth area for senior living and healthcare.; Suites 1 & 2 offer front & rear exits, reception areas, exam rooms with plumbing, 3 bathrooms, security closet, x-ray room, conference area, and doctor's offices; ample covered parking and interior courtyard access.
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13414 Medical Complex Dr
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