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6504 Memorial Dr
Texas City, TX 77591
Texas City Medical 6504 - 6510 Memorial Drive · Office Property For Sale
INVESTMENT HIGHLIGHTS
- ±13,000 SF Medical Office located in the Memorial Professional Center
- ±5,300 SF Available for Lease, ideal for medical or professional tenants
- Single-Story, Brick Veneer Buildings with slab foundation and central HVAC
- Anchored by US Renal Care – National dialysis provider with long-term presence
- Strong Value-Add Opportunity through lease-up and rent growth
- Ample Surface Parking across a ±1.65-acre lot
EXECUTIVE SUMMARY
6518 Memorial Drive presents a rare opportunity to acquire a partially leased, income-generating medical office asset in the established Memorial Professional Center of Texas City. It is anchored by a national dialysis provider (US Renal Care) which leases approximately 7,700 SF. The property offers immediate in-place income along with upside potential through lease-up of the ±5,300 SF vacant space.
This property is ideal for owner-users seeking to occupy part of the building or investors targeting medical office assets with stable tenancy and value-add potential. Situated on ±1.65 acres with ample surface parking, the building is well-positioned in a growing medical corridor with close proximity to residential communities and other healthcare services.
Buyer to verify all lease terms, operating expenses, and zoning with the city.
This property is ideal for owner-users seeking to occupy part of the building or investors targeting medical office assets with stable tenancy and value-add potential. Situated on ±1.65 acres with ample surface parking, the building is well-positioned in a growing medical corridor with close proximity to residential communities and other healthcare services.
Buyer to verify all lease terms, operating expenses, and zoning with the city.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
12,962 SF
Building Class
B
Year Built
1973
NOI
$265,189 CAD
Percent Leased
59%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,962 SF
Building FAR
0.18
Lot Size
1.65 AC
Zoning
Commercial
Parking
46 Spaces (3.55 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 5110-0002-0002-000 | Improvements Assessment | $2,403,187 CAD |
| Land Assessment | $151,232 CAD | Total Assessment | $2,554,419 CAD |
PROPERTY TAXES
Parcel Number
5110-0002-0002-000
Land Assessment
$151,232 CAD
Improvements Assessment
$2,403,187 CAD
Total Assessment
$2,554,419 CAD
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