Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 14,000-square-foot, new-construction medical and retail property located at 19304 Katy Freeway in Houston, Texas. The property is situated along the Katy Tollway (Interstate 10) Frontage Road, offering exceptional visibility and direct access within one of Houston’s most active and rapidly growing medical corridors. The asset is strategically positioned near major regional healthcare anchors, including Houston Methodist West Hospital and Texas Children’s Hospital West Campus, two leading medical institutions that drive strong patient demand, physician referrals, and sustained outpatient healthcare growth in the surrounding area. This proximity supports long-term leasing fundamentals and reinforces the property’s appeal to both medical operators and investors. Constructed in 2023/2024, the building features best-in-class design, modern construction materials, and efficient layouts suited for urgent care, outpatient medical, and complementary retail uses. The multi-tenant configuration provides flexibility for an owner-user, partial owner-user, or investment buyer, allowing for occupancy, income generation, or future lease-up depending on investment strategy. The surrounding submarket benefits from strong demographics, dense residential development, and continued population growth along the I-10 corridor, making the property well positioned to capture ongoing demand for high-quality outpatient medical and neighborhood retail services in West Houston.