8731 Katy Fwy, Houston, TX 77024
For Lease
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Hedwig Place, a Class A medical office building, offers 102,775 square feet of space at 8731 Katy Fwy, Houston, TX 77024. This single, five-story building, constructed in 2019, sits on a 2-acre lot in Harris County and boasts 15,576 square feet of immediately available space. Multiple tenancy options are available, ranging from 3,586 to 6,919 square feet, perfect for medical practices seeking move-in ready suites. The building features upscale interior finishes and a modern design, creating a welcoming atmosphere for both patients and staff. Its prime location on the Katy Freeway (I-10) in the Memorial Villages provides excellent freeway visibility and proximity to Memorial Hermann Memorial City Hospital, as well as numerous upscale residential areas, fine dining, and retail options. The building offers ample parking with a 4 spaces per 1,000 square feet ratio. The property's APN is 1406070010001. This is an exceptional opportunity for medical professionals seeking a high-quality, conveniently located space in a thriving Houston submarket.
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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 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
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.