5115 Fannin StHouston, TX 77004

Property Details for 5115 Fannin St

Year built

2020

Construction

METAL FRAME

Lot size

1.15 AC

Property size (Sq ft)

373,545 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1381960010001

APU

1381960010001

Description

This exceptional Class A medical office building, located at 5115 Fannin Street in Houston, Texas, offers a prime opportunity for medical professionals seeking modern, efficient workspace. The 10-story building boasts a total of 153,775 square feet, with 36,062 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 1,933 square feet to a maximum contiguous space of 10,342 square feet. The building's design incorporates first-floor retail space, providing convenient amenities for tenants and their patients. Five levels of structured parking ensure ample parking for staff and visitors. The remaining four floors above the retail and parking levels are dedicated to medical office space, offering a sophisticated and functional environment. Built in 2022, this building represents the latest in modern construction and design, situated in Harris County, zip code 77004. This is a rare opportunity to secure space in a highly desirable, state-of-the-art medical office building in a prime Houston location. Contact us today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $76,502,640

  6.5%

  $70,617,816

  7%

  $65,573,688

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,213,420

  Geo Method

  $111,835,640

• Alternative Use

  Use

  Valuation

  Residential

  $87,566,096

  Hospitality

  $80,210,072

  Educational

  $66,733,836

  Medical

  $69,028,920

  Retail

  $103,808,192

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.728

Longitude

-95.3859

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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