Zeustra is pleased to present the exclusive opportunity to acquire 17215 Red Oak Drive, a 16,983-square-foot multi-tenant medical office building strategically positioned within North Houston’s established Red Oak Drive healthcare corridor.
The property is 76.9% occupied and generates approximately $168,358 in annual NOI, providing investors with stable in-place medical income alongside a clear value-add opportunity through the lease-up of 3,931 square feet of available medical office space.
The property is anchored by Foot and Ankle Centers of North Houston, an established nine-physician specialty practice serving the Houston market since 1974. The practice occupies approximately 45% of the building and recently extended its lease through April 2035, providing significant long-term income stability and limited near-term rollover exposure.
Located immediately adjacent to the HCA Houston Healthcare Northwest medical campus, the property benefits from an established healthcare ecosystem, strong surrounding demographics and convenient access to Interstate 45 and Cypress Creek Parkway.
With durable medical tenancy, a long-term anchor commitment and immediate lease-up potential, 17215 Red Oak Drive offers investors the ability to acquire stable healthcare real estate with a defined path to NOI growth in one of the nation’s largest and fastest-growing metropolitan markets.