17270 Red Oak Drive

KSF Orthopaedic Center, located at 17270 Red Oak Drive, is a prime investment in the prestigious Houston, Texas, medical and office market. The two-story, 48,698-square-foot facility features a sleek, modern façade with lush landscaping and building signage potential. Perched on 3.5 acres, the property provides ample and plentiful parking for employees and visitors alike. This asset offers convenience with several covered drop-off spots for patients and covered parking for doctors. Built in 1985, the asset has modern updates throughout and has maintained its upscale appearance. This is an exciting opportunity for both owners/users and investors. At 42% occupancy, this asset provides exceptional value-add optionality. New ownership can utilize the space for their business or alternatively lease out at market rates.

Houston, Texas, is the place to be when it comes to medical investment. Houston is home to the world's largest medical center. The TMC3 project currently under construction is the linchpin in the Texas Medical Center's plan to establish Texas as the Third Coast for commercial life sciences and biotechnology research to compete directly with Cambridge, Massachusetts, and Mission Bay in San Francisco. TMC3 is expected to create 26,000 jobs and generate $5.2 billion in economic benefits in Houston. In addition, there are several million square feet of new life science-oriented mixed-use projects either under construction or planned along a 2-mile stretch of Holcombe Boulevard in the Texas Medical Center.

KSF Orthopaedic Center is strategically positioned within Houston. Just northwest of Downtown Houston, this asset is easily accessible via Interstate 45 and FM 1960. Connectivity is a breeze to nearby neighborhoods like Uptown and Midtown. There is excellent area synergy with hospitals and outpatient offices, including CHA Houston Healthcare Northwest, Sanavate, Red Oak, Millenium Physicians – Oncology, Northwest Pediatric Dental, Houston Cancer Institute PA, Texas Children’s Pediatrics Nanes, and countless others. Additionally, area demographics bode well for investors. The population is expected to grow over the next five years in Northwest Houston as it is home to several prominent neighborhoods. This area attracts residents due to its park-like setting. Spending on healthcare in a 2-mile radius is noteworthy, ringing in at over $21.2 million annually.

For a value-add opportunity, excellent connectivity, and a beautifully maintained asset, look no further than KSF Orthopaedic Center.