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Texas Medical Arts Tower 17070 Red Oak Dr 90,512 SF 100% Leased Office Building Houston, TX 77090 $9,572,710 CAD ($105.76 CAD/SF)



Investment Highlights
- Large Value Add Medical Opportunity Directly Next to HCA Healthcare Northwest Hospital
- 1 Mile Off Interstate 45 and 10 Minutes from Loops 8 and 99
- Ample Concrete Parking Lot, Cover & Un-Covered Parking Spots
- Located 20 Miles from Downtown Houston, the Largest MSA in Texas
- Recent Capital Expenditures Totaling Roughly $1 Million Deferring the Need for Additional Expenditures After Purchase
- Extremely Dense 5-Mile Demographics of 315,146 Residents
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire Texas Medical Arts Tower in Houston, TX. The subject property is situated in the Medical District about 20 miles from downtown Houston.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
90,512 SF
Building Class
B
Year Built
1983
Price
$9,572,710 CAD
Price Per SF
$105.76 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
18,102 SF
Slab To Slab
11’
Building FAR
0.54
Lot Size
3.83 AC
Zoning
None
Parking
120 Spaces (1.33 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Numbers | Improvements Assessment | $8,890,387 CAD | |
| Land Assessment | $1,382,836 CAD | Total Assessment | $10,273,223 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,382,836 CAD
Improvements Assessment
$8,890,387 CAD
Total Assessment
$10,273,223 CAD
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Texas Medical Arts Tower | 17070 Red Oak Dr
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