21660 Kingsland Blvd - Medical FOR SALE


Katy, TX 77450- Cinco Ranch
$5,400,000 USD
732-856-4349
21660 Kingsland Blvd, Katy, TX for Sale
$5,400,000 USD
Medical - FOR SALE
1/22
null | 6.58% Cap Rate

21660 Kingsland Blvd
Katy, TX 77450
Cinco Ranch


HIGHLIGHTS

  • 15,077 SF medical office building on 3.10 acres in the heart of Katy's established medical corridor, directly adjacent to the hospital.
  • New 20-year roof recently installed, significantly reducing near-term capital exposure and reinforcing the long-term durability of the asset.
  • 8.0 parking spaces per 1,000 SF — well above market standard — supporting high-volume outpatient medical use and strong tenant retention.

OVERVIEW

Zeustra, LLC is pleased to present the exclusive opportunity to acquire 21660 Kingsland Blvd, a 15,077 square foot multi-tenant medical office building situated on 3.10 acres within Katy's premier medical corridor. Currently 94% occupied with a diversified healthcare tenant base, the property delivers stable in-place cash flow alongside meaningful near-term upside through lease-up of the remaining vacancy. The asset's most compelling attribute is its irreplaceable location — positioned directly adjacent to the hospital and surrounded by one of Greater Houston's most concentrated clusters of medical users. This adjacency drives durable, long-term demand for outpatient services and provides tenants. The surrounding trade area reinforces the investment thesis: within a 5-mile radius, the submarket supports more than 291,000 residents, over 97,000 households, median household income exceeding $101,000, and nearly 9,800 businesses — demographic fundamentals that underpin sustained demand for healthcare services. 21660 Kingsland presents a differentiated opportunity. The property's varied lease term profile offers the ability to mark rents to market over time, while the 4.092-acre site carries meaningful underlying land value — providing optionality for future expansion or redevelopment in one of Katy's most established healthcare nodes. Recent capital improvements, including a new 20-year roof and 8.0 parking spaces per 1,000 square feet, further reduce near-term capital requirements and position the asset for long-term institutional quality.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

6.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

None

APN/PARCEL ID

1165020000001

ASK ABOUT THIS PROPERTY

Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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