Medical Building

11226 Southwest Freeway Houston, TX 77031

FOR SALE FOR LEASE Incentives
Property Type:
Multi Tenant Office
Amount:
$2,000,000
Last Verified:
Jul 10, 2017

Highlights

  • Current tenants include a pharmacy, and a medical clinic/medical spa (short term leases)
  • Interior remodeled in 2012
  • For Lease at $1.50 sq ft. (Gross)
  • For Sale at $2,000,000

Description

Existing tenants have shared reception and common area hallways

• Current tenants include a pharmacy, and a
medical clinic/medical spa (short term leases)
• Interior remodeled in 2012
• For Lease at $1.50 sq ft. (Gross)
• For Sale at $2,000,000

Hwy 59 at Beltway 8

Building Size: 6240.0sq ft
Building Class: B
Lot Size: 0.93 acres

Units for Lease

Office Medical Building
Lease Type: Gross
Price Per Sqft/Year: $1.5

Map of 11226 Southwest Freeway, Houston, TX, 77031

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.