18488 I-45 Shenandoah, TX 77384
This exceptional Class A medical office building, located at 18488 Interstate 45 in Shenandoah, Texas, presents a unique investment opportunity. Built in 2005 and extensively renovated in 2023, this single-tenant property boasts 10,597 square feet of well-maintained space. Situated in Montgomery County, the building features a single story design, offering convenient access and functionality. Ample parking is provided with 45 spaces available for patients and staff. The property is ideally suited for a variety of medical practices, benefiting from its modern design and recent upgrades. The absence of elevators is offset by the single-story layout, ensuring easy navigation. The building's prime location on Interstate 45 in Shenandoah, Texas, 77384, offers excellent visibility and accessibility for patients and staff. This turnkey medical office building is available for sale or lease, representing a compelling opportunity for growth and stability in a thriving market. The property's single-tenant occupancy simplifies management and provides a predictable income stream. This is a rare opportunity to acquire a high-quality medical office building in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.