18838 S Memorial Dr, Humble, TX 77338
- Medical Office Space
- 10,850 SF
- 1.59 lot acres
Current Use by Public Records
- Northeast Mental Health Crisis Clinic / Medical Clinic
- Mental Health Crisis Clinic in Northeast / Medical Clinic
- Dr. Ashok Khushalani / Physician
- Tree of Life Children's Academy / Daycare Center
- Carlos Guerra / Physician
Property Details for 18838 S Memorial Dr
- Year built
- 1982
- Construction
- BRICK
- Lot size
- 1.59 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 410510010592
- APU
- 410510010592
Description
This exceptional investment opportunity presents a stabilized, multi-tenant office complex totaling 25,283 square feet across two single-story buildings situated on a 1.58-acre lot in Humble, Texas. The property boasts an impressive 80.55% occupancy rate, anchored by key tenants including Memorial Hermann Health System, Tree of Life Children Academy, and Precision Urology. The property's prime location directly across South Memorial Drive from Memorial Hermann Northeast Hospital and minutes from IH-69 provides unparalleled access to major thoroughfares, including Hwy 59/69, Sam Houston Tollway, and FM 1960. Its proximity to George Bush Intercontinental Airport further enhances its appeal. The property features abundant parking and pylon signage availability. The lease type is NNN, and the investment type is classified as stabilized. The flexible space caters to both medical and creative office uses, offering significant upside potential through escalating rents and lease-up opportunities in currently vacant spaces. This property is ideal for investors seeking a strong performing asset in a high-growth area. The property address is 18838 S Memorial Dr, Humble, TX 77338, within Harris County.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Humble
- County
- Harris
- State
- Texas
- Longitude
- -95.2758
- Latitude
- 29.9931
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
