2601 Prospect St - Medical FOR SALE


Houston, TX 77004- MacGregor
$800,000 USD
512-395-5017
2601 Prospect St, Houston, TX for Sale
$800,000 USD
Medical - FOR SALE
1/33
null | 8.25% Cap Rate

2601 Prospect St
Houston, TX 77004
MacGregor


HIGHLIGHTS

  • 2026 Renovations complete!
  • Stabilized asset with newly executed 3-year lease (2026)
  • Tenant improvement credits already accounted for (no future concessions)
  • PEX PLUMBING 2026!
  • NVR Security Cameras convey

OVERVIEW

Stabilized, cash-flowing asset featuring a newly executed 3-year lease and approximately $66,000 in net operating income. The property has been recently renovated, requiring minimal near-term capital expenditures, and operates with low expenses for efficient ownership. Ideal for investors seeking a turnkey opportunity with immediate income and future rent growth potential. 13% scheduled rent increase in Year 3! NEW PEX plumbing throughout the entire building! NVR Security Camera system conveys! Option to purchase 2603 Prospect as well, which backs to this property!

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial

APN/PARCEL ID

0611260350026

ASK ABOUT THIS PROPERTY

Hasan YacoubAll City Real Estate, Ltd. Co.More Info
512-395-5017

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Hasan YacoubAll City Real Estate, Ltd. Co.More Info
512-395-5017

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