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14262 Gulf Fwy 9,960 SF Office Building Houston, TX 77034 $4,923,648 CAD ($494.34 CAD/SF)
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
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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 5,487 SF
- -
- Triple Net
- Feb 2029
Texas Institute of Chest and Sleep Disorders is a pulmonology practice that has focused on lung and sleep-related care in the Houston area. The company provides diagnosis and treatment for a broad range of pulmonary conditions, including asthma, COPD, lung cancer, obstructive sleep apnea, and other respiratory disorders, and it also offers diagnostic services such as pulmonary function testing, bronchoscopy, polysomnogram studies, and spirometry. The practice’s website presents the business as a medical group centered on pulmonary care and sleep disorders, with services built around both clinical evaluation and testing. Public listings and the company website show an ongoing presence in Houston and nearby communities, supporting patients with outpatient pulmonary and sleep medicine services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 5,487 SF | - | Triple Net | Feb 2029 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Turn-key Medical Practice Opportunity for Lease: ~5,400 SF available for relet as medical/ clinic/ dental space. New tenant to assume remaining lease term (less than 3 years) and extend into new lease agreement. Ideal for pulmonology, sleep medicine, internal medicine, cardiology, or multispecialty group. Space is configured today as a pulmonary and sleep-medicine clinic with accredited sleep lab, diagnostic imaging, and exam rooms. Present tenant is retiring from medical practice. Included equipment and FF&E are: • Fully accredited digital X-ray machine (state certified) • 2-room AASM-accredited sleep lab • 3 portable home sleep study machines • Full PFT suite with body-box plethysmography • Cardiopulmonary exercise stress test system • Neuro-functional BrainView system • Autonomic nervous system testing equipment • Defibrillator, Holter monitor • Computers in all exam rooms + additional systems • Printers, scanners, copier, phone system • Sleep lab washer/dryer • Office furniture, TVs, refrigerators
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 9,960 SF | Medical | Full Build-Out | 30 Days |
1st Fl-Ste 100
| Size |
| 9,960 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 100
| Size | 9,960 SF |
| Space Use | Medical |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Turn-key Medical Practice Opportunity for Lease: ~5,400 SF available for relet as medical/ clinic/ dental space. New tenant to assume remaining lease term (less than 3 years) and extend into new lease agreement. Ideal for pulmonology, sleep medicine, internal medicine, cardiology, or multispecialty group. Space is configured today as a pulmonary and sleep-medicine clinic with accredited sleep lab, diagnostic imaging, and exam rooms. Present tenant is retiring from medical practice. Included equipment and FF&E are: • Fully accredited digital X-ray machine (state certified) • 2-room AASM-accredited sleep lab • 3 portable home sleep study machines • Full PFT suite with body-box plethysmography • Cardiopulmonary exercise stress test system • Neuro-functional BrainView system • Autonomic nervous system testing equipment • Defibrillator, Holter monitor • Computers in all exam rooms + additional systems • Printers, scanners, copier, phone system • Sleep lab washer/dryer • Office furniture, TVs, refrigerators
Property Taxes
| Parcel Number | 1240340010001 | Improvements Assessment | $2,624,194 CAD |
| Land Assessment | $814,309 CAD | Total Assessment | $3,438,504 CAD |
Property Taxes
Presented by
14262 Gulf Fwy
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