11721 Fuqua St - Medical FOR SALE


Houston, TX 77034- Southbelt-Ellington
$2,300,000 USD
847-553-6285
11721 Fuqua St, Houston, TX for Sale
$2,300,000 USD
Medical - FOR SALE
1/22
null | 7.01% Cap Rate

11721 Fuqua St
Houston, TX 77034
Southbelt-Ellington


HIGHLIGHTS

  • South Belt Medical Clinic has operated at this location since 2008, with founding physicians deeply embedded in the surrounding community.
  • Both physicians serve as Medical Directors at area hospitals and rehabilitation facilities, driving consistent referrals and anchoring the practice.
  • The NNN lease delivers strong in-place annual base rent with 3% annual escalations and two 5-year renewal options
  • The South Belt/Ellington submarket serves nearly 100,000 residents with a median age of 34.
  • The offering provides a compelling entry basis for a stabilized medical asset in the Houston MSA.

OVERVIEW

Partners is pleased to offer for sale 11721 Fuqua Street — a 10,268-square-foot, two-story medical office building in Southeast Houston, offered as a sale leaseback with South Belt Medical Clinic, the founding and only tenant since 2008. South Belt occupies the 7,066-SF ground floor on a new 5-year NNN lease reimbursing 100% of property expenses. The upstairs 3,202 SF is in shell condition and available for an owner/user or new tenant — supplying immediate upside on a fully stabilized in-place return.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Showroom, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

1020050000004

ASK ABOUT THIS PROPERTY

Ryan McCulloughPartnersMore Info
847-553-6285

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Ryan McCulloughPartnersMore Info
847-553-6285

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.