4500 Washington Ave Houston, TX 77007-5476
This exceptional medical office building, located at 4500 Washington Avenue in Houston, Texas, 77007, offers a unique leasing opportunity. The property boasts a total of 3,683 square feet, currently entirely vacant and available for lease. The space is adaptable to various medical practices, offering flexible layouts to accommodate different needs. The building is classified as both retail and office space, with a specific subtype designation of medical office. Multiple tenancy is possible, allowing for the potential to lease the entire 3,683 square feet or a portion thereof. Individual suites can be as small as 1,183 square feet, while the maximum contiguous space available for lease is 2,500 square feet. This presents a fantastic opportunity for a single medical practice seeking a substantial space or multiple practices looking to share a building. The building's location in Houston, Texas, provides excellent access to major transportation routes and a thriving patient base. The property is described as a "second generation medical space," suggesting existing medical infrastructure may be in place. This turnkey solution could significantly reduce build-out costs and time for prospective tenants. Interested parties are encouraged to inquire about lease terms and conditions. The property is situated at 29.7707881 latitude and -95.4066768 longitude.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.