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    OFF-MARKET
    Retail properties & Spaces

    I-45 & Medical Ctr Blvd, Webster, TX 77598

    363,830 SF Built 1984
    Property ID
    Property summary
    AI-generated overview

    The Center at Baybrook, located at the NEC of I-45 & Medical Center Blvd in Webster, Texas (77598), offers exceptional medical office space for lease. This single-story, 363,830 square foot building, constructed in 1984, features five suites and ample parking with 2000 spaces. Currently, there is 93,562 square feet of vacant space available, offering various suite sizes to accommodate diverse needs. Immediate occupancy is available for spaces ranging from 3,579 square feet to 31,141 square feet. Additional space totaling 58,842 square feet will become available in Summer 2025. The property is situated in Harris County and benefits from its prime location at a major intersection. The lease rates are competitive, with a fixed CAM of $4.26 PSF for anchor tenants and $4.40 PSF for non-anchor tenants. This presents a unique opportunity for medical practices seeking high-visibility space in a well-established center with substantial parking. The property's classification includes both retail and office space, reflecting its versatility and potential for a variety of medical uses. The multiple tenancy structure allows for a diverse mix of occupants.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1984
    Total area 363,830 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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