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Highly Visible Value-Add Medical/Office 8240 Antoine Dr 39,748 SF 82% Leased Office Building Online Auction Sale Houston, TX 77088
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Investment Highlights
- 8240 Antoine Drive offers a 39,748-square-foot Class B medical and office asset with existing income, elevator access, and lease-up upside.
- Savvy investors can take advantage of existing occupancy while pursuing new tenancy in a flexible layout tailored to medical and office users.
- More than 1.28 million residents within 10 miles support demand, boasting $103,082 average household incomes and $14.3 billion in annual spending.
- Positioned along Antoine Drive with frontage to 23,762 vehicles per day, is nearby local healthcare providers, and half a mile from Walgreens.
- Easy access for patients and visitors with ample parking, 15 miles from Downtown Houston, and 14 miles from George Bush Intercontinental Airport.
Executive Summary
8240 Antoine Drive presents the opportunity to acquire a partially occupied, Class B medical and professional office building with meaningful lease-up potential in Northwest Houston. The 39,748-square-foot asset sits on 2.02 acres and benefits from an established medical and office tenant profile, allowing investors or owner/users to capitalize on existing occupancy while pursuing additional tenancy. The building offers elevator access, ample parking, and a layout well-suited for medical and professional office users seeking accessibility and convenience.
Positioned along Antoine Drive with exposure to approximately 23,762 vehicles per day, the property provides strong visibility and direct frontage in a well-traveled corridor. Patients, employees, and visitors benefit from convenient access to 8240 Antoine Drive, just 15 miles from Downtown Houston and 14 miles from George Bush Intercontinental Airport, supported by ample on-site parking. This corridor promotes strong referral synergy with nearby healthcare services, including local medical practices and a Walgreens located 0.5 miles away.
Within a 10-mile radius, more than 1.28 million residents support the area's healthcare and professional service needs, complemented by an average household income of $103,082 and approximately $14.3 billion in annual consumer spending.
For investors seeking upside in the medical office sector, 8240 Antoine Drive offers the rare ability to acquire an existing income-producing asset with meaningful room to expand occupancy and revenue.
Property tours are by appointment only. Please contact the listing broker to schedule.
Positioned along Antoine Drive with exposure to approximately 23,762 vehicles per day, the property provides strong visibility and direct frontage in a well-traveled corridor. Patients, employees, and visitors benefit from convenient access to 8240 Antoine Drive, just 15 miles from Downtown Houston and 14 miles from George Bush Intercontinental Airport, supported by ample on-site parking. This corridor promotes strong referral synergy with nearby healthcare services, including local medical practices and a Walgreens located 0.5 miles away.
Within a 10-mile radius, more than 1.28 million residents support the area's healthcare and professional service needs, complemented by an average household income of $103,082 and approximately $14.3 billion in annual consumer spending.
For investors seeking upside in the medical office sector, 8240 Antoine Drive offers the rare ability to acquire an existing income-producing asset with meaningful room to expand occupancy and revenue.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
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- Offering Memorandum
- Floor Plans
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Register to Bid Instructions
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
39,748 SF
Building Class
B
Year Built
1982
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,874 SF
Building FAR
0.45
Lot Size
2.02 AC
Parcel Number
1144470080021
Zoning
N/Ap, Harris
Parking
160 Spaces (4.03 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Signage
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
18,718
136,434
320,723
2020 Population
18,800
133,814
312,445
2030 Population
19,720
144,427
339,966
2025-2030 Projected Population Growth
5.3%
5.9%
6.0%
Daytime Employees
1,928
29,515
129,923
Total Businesses
271
2,600
11,321
Average Household Income
$69,427
$75,654
$82,115
Median Household Income
$50,051
$54,940
$58,185
Total Consumer Spending
$158.8M
$1.2B
$3B
Median Age
35.9
34.5
35.0
2025 Households
6,243
43,601
105,485
Percent College Degree or Above
10%
10%
12%
Average Home Value
$247,788
$243,234
$284,333
$ values in USD
Sale Advisors
Sale Advisors
Wesley Staples, Co-Founder & Principal
An accomplished Senior Executive with over 15 years of success across the real estate and private equity industries. Broad areas of expertise include sourcing, underwriting and managing acquisitions, capital markets, capital raising, development, real estate, and partnerships. Throughout his executive career, Wes has held leadership positions with InCommercial, Ten-X (CoStar Company), Divergent Capital, Harris Bay Development, Palmer Capital, and Basin Street Properties and having commenced his career with GESD Capital in San Francisco.
Marc Barber, Co-Founder & Principal
Marc is a founder and a principal at Avid Commercial Real Estate, the top brokerage for auction real estate sales in commercial real estate and a leading commercial redevelopment investment firm. Avid CRE provides strategic guidance, pioneering solutions, and unparalleled expertise unlock maximum value. Using integrity as a foundation, Avid CRE aims to catalyze growth, foster partnerships, and create abundant opportunities for success.
Working in real estate since 2006, Marc Barber has been involved in a wide variety of investment sales, equity/debt placement, and principal ownership. Prior to starting Avid Commercial Real Estate, Marc worked for InCommercial Property Group as Managing Director of Investment, adding over 40 properties to their large portfolio. Marc worked with Stan Johnson Company focusing on net lease investment sales and Palmer Capital, Inc. for focusing on retail, office, and industrial investment sales transactions. Marc has participated in over $2 Billion in transactions in 26 states working on single-tenant to very multi-tenanted properties including ground leases, sale leasebacks, and forward commitments. As a licensed General Appraiser, Marc was engaged in valuations of office, retail, industrial, and apartment properties with a cumulative value over $500 Million.
Working in real estate since 2006, Marc Barber has been involved in a wide variety of investment sales, equity/debt placement, and principal ownership. Prior to starting Avid Commercial Real Estate, Marc worked for InCommercial Property Group as Managing Director of Investment, adding over 40 properties to their large portfolio. Marc worked with Stan Johnson Company focusing on net lease investment sales and Palmer Capital, Inc. for focusing on retail, office, and industrial investment sales transactions. Marc has participated in over $2 Billion in transactions in 26 states working on single-tenant to very multi-tenanted properties including ground leases, sale leasebacks, and forward commitments. As a licensed General Appraiser, Marc was engaged in valuations of office, retail, industrial, and apartment properties with a cumulative value over $500 Million.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Highly Visible Value-Add Medical/Office | 8240 Antoine Dr
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