18838 Memorial DrHumble, TX 77338

For Sale
Call for price

Multi-tenant medical/flex office, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • Multi-tenant medical office and flex space available.
  • Strong tenant roster including Memorial Hermann, Tree of Life Children's Academy, and Precision Urology.
  • Excellent access to major roadways: Hwy 59/69, Sam Houston Tollway, and FM 1960.
  • Located near Memorial Hermann Northeast Hospital.
  • Convenient to George Bush Intercontinental Airport.
  • Ample parking.

Property Details for 18838 Memorial Dr

Property type
Other office properties, Medical offices
Square Feet
25,283 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
68,825 SF

Location Insight

City
Humble
County
Harris
State
Texas
Latitude
29.9927491
Longitude
-95.2759394
18838 Memorial Dr, Humble, Texas

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18838 Memorial Dr
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