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    FOR LEASE
    Medical Office Space

    2500 Fondren Rd, Houston, TX 77063

    80,571 SF 2.37 ac lot Built 1980
    Individually Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-3723648
    Property summary
    AI-generated overview

    This exceptional Houston office property, Piney Point Offices, offers a diverse range of spaces ideal for both executive and medical practices. Located at 2500 Fondren Rd, Houston, TX 77063, this Class B property boasts two three-story buildings totaling 153,189 square feet situated on a 7-acre lot in Harris County. The property features updated lobbies, modernized restrooms, and improved corridors, reflecting recent renovations. Multiple suites are available, ranging from a minimum of 1,755 square feet to a maximum contiguous space of 7,691 square feet. The buildings include a total of 10 suites, with 15,831 square feet currently vacant. Built in 1980, the property offers convenient elevator access and benefits from its location near the desirable Piney Point residential community, nestled amongst mature trees. The property's long-term tenant base, including a mix of medical and office users, many of whom have occupied space for over two decades, speaks to its desirability and stable occupancy. This presents a unique opportunity to secure office space in a well-maintained, established complex with a proven track record. Contact us today to learn more about the available suites and explore the possibilities for your business.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1980
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 80,571 SF
    Lot 2.37 ac (103,411 SF)
    APN 410280030120
    UPID US82-3723648
    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
    Current use
    Occupant on record · Public records
    • Susan Ellison Dentistry & Cosmetics Dental Office
    • Hillcroft Medical Clinic Medical Clinic
    • Chan Chinglin L MD Pediatrician Physician
    • Dr. Victoria R. Williams, MD Pediatrician Physician
    • Dr. Jianzhang Xu, MD Pediatrician Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.94M
    Owner & transaction history
    Mohammad Ullah · 15 yrs held
    Mohammad Ullah
    since 2011
    2 recorded transactions
    2011
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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