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Résumé analytique
Partners is pleased to present the Blythewood Medical Building, a ±16,500 square foot masonry medical office property situated on ±2.77 acres in Houston’s South Office submarket. Built in 2005, the asset offers a compelling value-add opportunity within a well established medical corridor. At closing, the property will deliver 100% economic occupancy through a 12-month seller master lease on the vacant 5,121-square-foot suite, providing stable and predictable cash flow during the initial year of ownership.
The property is strategically located minutes from the Texas Medical Center, University of Houston, Downtown Houston, Loop 610, I-45, and Highway 288, offering excellent accessibility and strong long term healthcare demand fundamentals. Monument signage along Old Spanish Trail further enhances visibility in this infill location.
With 69% physical occupancy and in-place rents below market comparables, the asset presents a clear path to revenue growth through lease-up and rent normalization. The building is particularly well suited for a medical owner/user seeking to occupy the available suite while benefiting from income generated by existing tenants.
Offered at a 7.75% cap rate, Blythewood Medical Building represents a below-replacement-cost acquisition combining initial income stability, operational flexibility, and long-term value creation within one of Houston’s most resilient healthcare submarkets.
The property is strategically located minutes from the Texas Medical Center, University of Houston, Downtown Houston, Loop 610, I-45, and Highway 288, offering excellent accessibility and strong long term healthcare demand fundamentals. Monument signage along Old Spanish Trail further enhances visibility in this infill location.
With 69% physical occupancy and in-place rents below market comparables, the asset presents a clear path to revenue growth through lease-up and rent normalization. The building is particularly well suited for a medical owner/user seeking to occupy the available suite while benefiting from income generated by existing tenants.
Offered at a 7.75% cap rate, Blythewood Medical Building represents a below-replacement-cost acquisition combining initial income stability, operational flexibility, and long-term value creation within one of Houston’s most resilient healthcare submarkets.
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- Offering Memorandum
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Bureau
Sous-type de bien
Médical
Surface de l’immeuble
1 536 m²
Classe d’immeuble
B
Année de construction
2006
Pourcentage loué
69 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Surface type par étage
1 536 m²
Coefficient d’occupation des sols de l’immeuble
0,14
Surface du lot
1,12 ha
Zone de développement économique [USA]
Oui
Zonage
None - N/A
Stationnement
120 places (78,15 places par 1 000 m² loué)
Caractéristiques
- Climatisation
Disponibilité de l’espace
- Espace
- Surface
- Type de bien
- État
- Disponible
Medical/Professional Office space
| Espace | Surface | Type de bien | État | Disponible |
| 1er Ét.-bureau 500 | 139 – 476 m² | Bureaux/Médical | Construction achevée | Maintenant |
1er Ét.-bureau 500
| Surface |
| 139 – 476 m² |
| Type de bien |
| Bureaux/Médical |
| État |
| Construction achevée |
| Disponible |
| Maintenant |
1er Ét.-bureau 500
| Surface | 139 – 476 m² |
| Type de bien | Bureaux/Médical |
| État | Construction achevée |
| Disponible | Maintenant |
Medical/Professional Office space
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Taxes foncières
| Numéro de parcelle | 1003530000002 | Évaluation des aménagements | 91 107 € |
| Évaluation du terrain | 2 354 418 € | Évaluation totale | 2 445 525 € |
Taxes foncières
Numéro de parcelle
1003530000002
Évaluation du terrain
2 354 418 €
Évaluation des aménagements
91 107 €
Évaluation totale
2 445 525 €
1 sur 17
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Building 1 | 5751 Blythewood St
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