9888 BISSONNET St - Medical FOR SALE


Houston, TX 77036- Westwood
$4,999,999 USD
346-409-6885
9888 BISSONNET St, Houston, TX for Sale
$4,999,999 USD
Medical - FOR SALE
1/15
null | 7% Cap Rate

9888 BISSONNET St
Houston, TX 77036
Westwood


OVERVIEW

Value-add office and medical investment opportunity located at 9888 Bissonnet Street in Southwest Houston. This ±105,000 SF multi-tenant asset offers a diversified mix of healthcare providers, professional services, and small business tenants, delivering stable in-place income with continued upside potential. The property is currently approximately 79% occupied and now generates an updated Net Operating Income of approximately $350,000, reflecting recent operational improvements. At the current pricing, the offering presents a going-in cap rate of approximately 7%, positioning the asset competitively within the Houston value-add office market. The building benefits from a flexible suite layout, including a combination of mid-size tenants and executive office suites, supporting steady leasing demand and minimizing exposure to any single tenant. A meaningful portion of the tenant base consists of healthcare-related users, which enhances long-term occupancy stability. Investors are presented with a clear path to additional NOI growth through lease-up of approximately 23,000 SF of remaining vacancy, continued rent normalization, and further expense efficiencies. Based on achievable occupancy and market rent levels, the property offers a compelling opportunity to drive stabilized returns above 8%–9% cap rate. This offering is well suited for private investors, medical owner-users, and syndicators seeking a cash-flowing asset with immediate yield and measurable upside in a high-demand submarket.

FOR SALE DETAILS

PRICE

$4,999,999 USD

PRICE/SF

$46 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westwood Atrium VIII

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

410

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

-

APN/PARCEL ID

1080620000009

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346-409-6885

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Endy EbuFairdale RealtyMore Info
346-409-6885

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