19411 McKay Blvd - Medical FOR SALE


Humble, TX 77338
$3,700,000 USD
713-775-8899
19411 McKay Blvd, Humble, TX for Sale
$3,700,000 USD
Medical - FOR SALE
1/43
null | Request Cap Rate

19411 McKay Blvd
Humble, TX 77338


HIGHLIGHTS

  • Excellent Location on Primary Medical Thoroughfare of Humble/Kingwood: Across from Memorial Hermann Northeast
  • Below-Replacement Cost: $175 per Square Foot
  • Excellent Owner/User Opportunity: 8,739 Square Feet of Leasable Area is Available for Immediate Occupancy
  • Remaining Space is Available in 2026 or 2031 Depending on Renewal Option Outcomes
  • Quality Well-Maintained Masonry Construction

OVERVIEW

• Excellent Location on Primary Medical Thoroughfare of Humble/Kingwood: Across from Memorial Hermann Northeast • Below-Replacement Cost: $175 per Square Foot • Excellent Owner/User Opportunity: 8,739 Square Feet of Leasable Area is Available for Immediate Occupancy | Remaining Space is Available in 2026 or 2031 Depending on Renewal Option Outcomes • Quality Well-Maintained Masonry Construction • Owner User Occupancy Overview: Currently, the property has 2,225 square feet of vacancies. Despite this, a buyer may occupy up to 8,739 square feet. Seller occupies Suite 100, which is 3,465 square feet. Seller can vacate this unit with a few months of closing to allow a buyer to utilize this space. In addition, Landlord can remove the tenant from Suite 250 (3,049 square feet) because the lease allows for landlord to take control of the space after a 30 day notice to the tenant. The possible occupancy combinations on the first floor are: 2,225 square feet (Suite 150A), 3,465 square feet (Suite 100), or both units, totaling 5,690 square feet on the first floor. On the second floor, landlord can terminate the lease with the tenant in Suite 250, so that a buyer can occupy 3,049 square feet on this floor. Third third floor is fully occupied through March 31, 2026 with a tenant’s renewal option through March 31, 2031.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

McKay Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

commericial

APN/PARCEL ID

1225980010001

ASK ABOUT THIS PROPERTY

Alex Wolansky, CCIMMarcus & MillichapMore Info
713-775-8899

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Alex Wolansky, CCIMMarcus & MillichapMore Info
713-775-8899

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