For Lease
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Property summary
This exceptional investment opportunity presents two vacant medical office suites totaling 2,904 square feet within the Tomball Doctors Medical Plaza. Located at 13414 Medical Complex Dr, Tomball, TX 77375, this Class C property boasts a strategic location directly across from Tomball Regional Hospital's entrance and emergency room, and adjacent to HCA's Women's Health Care. Built in 1986, the single-story building features a contemporary masonry design with covered breezeways and ample parking. The suites offer a reception area, conference area, three bathrooms, five exam rooms with sinks, a leaded X-ray room, lab area, six offices, and a storage room. Currently vacant, this presents a unique chance for owner-users or investors to renovate and customize the space to meet their specific needs. The asking price is $425,000, reflecting a price per square foot of $146 and a pro-forma cap rate of 8.09%, with a pro-forma NOI of $34,400. The property benefits from the significant growth in the area, including the expansion of senior living facilities and the proximity to Lone Star College. The Highway 249 corridor's rapid development further enhances the investment potential. This is a rare opportunity to acquire a well-positioned medical office property in a thriving healthcare market. The net lease structure provides a straightforward ownership model. The property's current condition allows for significant customization and upgrades to suit the new owner's vision.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Ophthalmologist
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Physician Medical Clinic
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Physician
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Ophthalmologist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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