Medical Center with Waiting
2133 Lockwood Dr, Houston, TX 77020
For Sale
Contact for pricing
Former dialysis center offering a waiting room, multiple exam offices, and convenient access to East I-10.
Property Size7,550 SF
Lot Size0.61 Acres
Price / SF$172.19
Days on Market1233
Property Features for 2133 Lockwood Dr
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Listing Agency:
RESOLUT RE - Houston
(512) 474-5557
Listed By:
Eric Broussard · License #TX717266
(832) 492-5155
Source:
Moodyscre
Added: Jun 23, 2023
Changed: Oct 25
Last Checked: Nov 6 at 6:52AM
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 RESOLUT RE - Houston
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Investment Insights
Based on property information with market context.
This former Fresenius Kidney Care dialysis center is available for sale or lease and has a medical-ready layout. The space includes 8 offices, 4 restrooms, and a waiting room, supporting patient intake and appointments. While it’s well-suited for medical office use, the configuration can be converted to fit various alternative uses.
The property sits on 0.61 acres and offers over 30 parking spaces for staff and visitors. It also provides convenient access to the East I-10 freeway.
Total building size is 7,550 square feet, giving tenants and buyers a dedicated, purpose-built footprint for a range of clinical or office applications.
The property sits on 0.61 acres and offers over 30 parking spaces for staff and visitors. It also provides convenient access to the East I-10 freeway.
Total building size is 7,550 square feet, giving tenants and buyers a dedicated, purpose-built footprint for a range of clinical or office applications.
Key Highlights
- Former Fresenius Kidney Care dialysis center available for sale or lease
- 7,550 SF medical center building size
- 0.61 acres with over 30 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,740
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,054,800
$2.1M
Cap Rate 7%
$1,467,714
$1.5M
Cap Rate 9%
$1,141,556
$1.1M
Market Conditions
NOI Build-Up for 7,550 SF
Gross rent
$190.3K $25.20/SF
− Vacancy
−$19.0K −$2.52/SF
EGI
$171.2K $22.68/SF
− OpEx
−$68.5K −$9.07/SF
NOI
$102.7K $13.61/SF
Area
Houston, TX
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,054,800
Cap Rate 7%
$1,467,714
Cap Rate 9%
$1,141,556
Alternative Uses
Best Use
Healthcare Medical
$1.47M
$1.28M – $1.71M
NOI $102,740 @ 7.0% cap · market cap 7.90%
Second Best
Office B
$1.26M
$1.10M – $1.47M
NOI $88,063 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $135,900 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
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Business Placement
Demographics for 77020, TX
24,846
Population
10,054
Households
2.5
Avg Household Size
35
Median Age
13%
College-Educated
65%
High-School Grad
7.8 sq mi
ZIP Area
3,185
Density / Sq Mi
$49,481
Median Household Income
$32,573
Median Earnings
$942
Median Rent
$133,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Medical centers in Harris County
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Medical center - Former dialysis center offering a waiting room, multiple exam offices, and convenient access to East I-10.
Where is this medical center located?
The property is located at 2133 Lockwood Dr Houston, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Former Fresenius Kidney Care dialysis center available for sale or lease; 7,550 SF medical center building size; 0.61 acres with over 30 parking spaces
