2465 Memorial Dr$68M · 7.63% cap
2 Houston Medical Office Spaces for Sale
Browse 2 Houston, TX medical listings for sale with an average asking rent of $33.72 per SF and an average size of 90,500 SF. Filter by size, class and submarket to shortlist before you make an offer.
2Listings
90,500 SFAvailable space
246,400 SFTotal inventory
$33.72/SFAvg asking rent
$42.85MAvg asking price
7.04%Avg cap rate
Pecos Building$17.71M · 6.45% cap
About the Houston, TX medical market
2 medical properties are tracked in Houston, TX, representing 246,400 SF of rentable building area, of which 90,500 SF is currently marketed as available.
Asking rents average $33.72 per square foot per year, the median marketed suite is 90,500 SF, and listings have been on market a median of 220 days.
The stock splits 1 Class A, 1 Class B, with construction dates from 1918 to 1962 (median 1962).
The most concentrated submarkets are Westchase (1), Texas Medical Center (1).
Medical in nearby cities
Other property types in Houston
Flex SpacesHospitality PropertiesIndustrial PropertiesLandMultifamily PropertiesOffice SpacesRetail Spaces
Medical for sale elsewhere
Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.
Frequently asked questions
What is the average asking rent for medical space in Houston, TX?
Across the 2 medical listings published in Houston, TX, asking rents average $33.72 per square foot per year, quoted on a FS basis.
How much medical space is available in Houston, TX?
90,500 SF is currently marketed across 1 buildings, out of 246,400 SF of total inventory.
What is the medical vacancy rate in the Houston market?
The Houston medical market is running 15.0% vacancy with year-over-year asking rent growth of 4.7%.
Which submarkets have the most medical space in Houston, TX?
Texas Medical Center (1 property), Westchase (1 property).
What are the most active ZIP codes for medical property in Houston, TX?
77030 (1), 77042 (1).
What cap rates are medical assets trading at in Houston, TX?
Listed medical assets in Houston, TX show an average asking cap rate of 7.04%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Houston, TX?
Northgate Commercial (1 listing). See the full Houston, TX broker directory.
How do I list a medical property in Houston, TX?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.