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14262 Gulf Fwy 9,960 SF 55% Leased Office Building Houston, TX 77034 $5,025,312 CAD ($504.55 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Monthly base rent + NNN of over $13,000
  • Medical Demand Drivers: 1 mile from Memorial Hermann Southeast Hospital
  • New ownership can set lease rates for white-shell space and structure new tenancy,

EXECUTIVE SUMMARY

Ideal for 1031 exchange buyers, medical REITs, or private investors seeking durable returns.
The property at 14262 Gulf Freeway presents a compelling opportunity to acquire a cash-flowing healthcare asset with immediate upside in one of Houston’s most strategic submarkets. This ±9,960 SF medical office building is currently ±55% leased to a long-standing medical tenant with four years of remaining lease term, providing in-place income and operational stability.
Located on a high-traffic corridor with 445,000+ Vehicles per Day (VPD), direct I-45 frontage, and 1-mile proximity to Memorial Hermann Southeast Hospital, the property benefits from strong medical demand drivers and visibility.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,960 SF
Building Class
B
Year Built
2010
Price
$5,025,312 CAD
Price Per SF
$504.55 CAD
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,610 SF
Building FAR
0.16
Lot Size
1.43 AC
Zoning
Commercial Medical - Commercial Medical
Parking
37 Spaces (3.71 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Texas Institute-Chest & Sleep
  • Health Care and Social Assistance
  • 5,487 SF
  • -
  • Triple Net
  • Feb 2029
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Texas Institute-Chest & Sleep Health Care and Social Assistance 5,487 SF - Triple Net Feb 2029

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 9,610 SF
  • Retail
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
1st Floor 9,610 SF Retail Full Build-Out 30 Days

1st Floor

Size
9,610 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 9,610 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1240340010001
Land Assessment
$824,739 CAD
Improvements Assessment
$2,657,805 CAD
Total Assessment
$3,482,545 CAD
  • Listing ID: 36305537

  • Date on Market: 2025-06-18

  • Last Updated:

  • Address: 14262 Gulf Fwy, Houston, TX 77034

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