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Multi-Tenant Medical Office Building
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17215 Red Oak Drive, Houston, TX 77090

Healthcare property beside an established medical campus with available space for additional occupancy.

Property Size16,983 SF
Price / SF$117.76
Days on Market63

Property Features for 17215 Red Oak Drive

General Information

Standard status Active
Size 16,983 SF
Class B
Property subtype Office
Occupancy 76%
Lease Type Net
Investment Type Value Add
Net Operating Income $168,358

Additional Details

Highway Access Yes

Building Details

Year Renovated 2023
Buildings 1
Tenancy Multi
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License #01507135
Source: Crexi
Added: Aug 13 Changed: Oct 11 Last Checked: Oct 12 at 8:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JDS Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This 16,983-square-foot medical office building accommodates multiple tenants and is currently 76.9% occupied. The property includes 3,931 square feet of available medical office space, creating an opportunity to add occupancy within an existing healthcare-focused asset.

Foot and Ankle Centers of North Houston occupies approximately 45% of the building and has extended its lease through April 2035. The nine-physician specialty practice has served the Houston market since 1974. The building sits immediately adjacent to the HCA Houston Healthcare Northwest medical campus and offers convenient access to Interstate 45 and Cypress Creek Parkway.

Key Highlights

  • 16,983‑square‑foot multi‑tenant medical office building
  • 76.9% occupied with 3,931 square feet of available medical office space
  • Foot and Ankle Centers of North Houston occupies approximately 45% of the building

Property Analytics

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Current Use

Foot & Ankle Center-North ... Physician Armstrong Jason R ... Physician Insulinic | Red Oak ... Medical Clinic Dr. Ramarao M. ... Physician Pulin Pandya MD Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,388
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77090, TX

42,285
Population
19,076
Households
2.2
Avg Household Size
30
Median Age
25%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,917
Density / Sq Mi
$48,196
Median Household Income
$35,936
Median Earnings
$1,228
Median Rent
$235,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Healthcare property beside an established medical campus with available space for additional occupancy.
Where is this medical office space located?
The property is located at 17215 Red Oak Drive Houston, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 16,983‑square‑foot multi‑tenant medical office building; 76.9% occupied with 3,931 square feet of available medical office space; Foot and Ankle Centers of North Houston occupies approximately 45% of the building
(213) 446-5366 Call to check price and availability
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