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Property profile & analytics
FOR LEASE
Medical Office Space

7900 Fannin St Houston, TX 77054

181,517 SF 0.66 ac lot Built 2004
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US82-4483313
Property summary
AI-generated overview

7900 Fannin Street in Houston, Texas, offers 35,167 square feet of vacant space in a Class B, four-story medical office building totaling 176,827 square feet. Built in 2004, this property features a modern upgraded lobby with multiple lounge/waiting areas, a restaurant, and an on-site imaging center. Security personnel are on-site for added peace of mind. The building boasts beautifully landscaped grounds with a grand covered entrance and a tranquil courtyard featuring sculptures and lush greenery. Convenient parking is provided with 660 spaces in an attached four-story garage. The location is highly desirable, situated adjacent to the Woman's Hospital of Texas (recognized by US News and World Report as one of "America's Best Hospitals" for Gynecology), and less than a mile from the Texas Medical Center. Public transportation is easily accessible via the METRORail Red Line, with a seven-minute walk to the Smith Lands station. Nearby amenities include the Shops at Kirby Drive, NRG Stadium, and Arena. Available spaces range from 955 to 10,417 contiguous square feet, making it suitable for a variety of medical practices. The property sits on 28.77 acres in Harris County, offering ample space and a prestigious address. This is an exceptional opportunity to secure high-quality medical office space in a thriving Houston location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction STEEL FRAME
Total area 181,517 SF
Lot 0.66 ac (28,819 SF)
APN 1252490010006
UPID US82-4483313
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
  • Bioreference Laboratories Laboratory
  • Houston Pediatric Pulmonary And Sleep Associates Physician
  • Houston Methodist Surgical Associates Physician
  • Privia Gulf Coast Wellness Medical Clinic
  • Clinical Research of Houston Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.50M
Owner & transaction history
Plan B-mob LP
Plan B-mob LP
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $6.2M +8.4%
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