2465 Memorial Dr$68M · 7.63% cap
4 Texas Medical Office Spaces for Sale
4 medical listings for sale in Texas. Average asking rent $33.02/SF/yr, 134,400 SF available.
4Listings
134,400 SFAvailable space
521,400 SFTotal inventory
$33.02/SFAvg asking rent
$54.1MAvg asking price
7.14%Avg cap rate
Pecos Building$17.71M · 6.45% cap
Pecos Exchange$75.22M · 8.45% cap
Enterprise Commons$55.48M · 6.02% cap
About the Texas medical market
4 medical properties are tracked in Texas, representing 521,400 SF of rentable building area, of which 134,400 SF is currently marketed as available.
Asking rents average $33.02 per square foot per year, the median marketed suite is 90,500 SF, and listings have been on market a median of 478 days.
The stock splits 1 Class A, 3 Class B, with construction dates from 1918 to 1981 (median 1964).
The most concentrated submarkets are Westchase (1), Texas Medical Center (1), Northwest / Medical Center (1), Far North Dallas (1).
Medical by city in Texas
Austin, TXHouston, TXSan Antonio, TXDallas, TXFort Worth, TXDel Valle, TXMidland, TXPlano, TXMcAllen, TXBrownsville, TXCollege Station, TXWichita Falls, TXAbilene, TX
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 Texas, TX?
Across the 4 medical listings published in Texas, TX, asking rents average $33.02 per square foot per year, quoted on a FS basis.
How much medical space is available in Texas, TX?
134,400 SF is currently marketed across 2 buildings, out of 521,400 SF of total inventory.
What is the medical vacancy rate in the Dallas-Fort Worth market?
The Dallas-Fort Worth medical market is running 11.9% vacancy with year-over-year asking rent growth of 5.5%.
Which submarkets have the most medical space in Texas, TX?
Far North Dallas (1 property), Texas Medical Center (1 property), Westchase (1 property), Northwest / Medical Center (1 property).
What are the most active ZIP codes for medical property in Texas, TX?
75248 (1), 77030 (1), 77042 (1), 78229 (1).
What cap rates are medical assets trading at in Texas, TX?
Listed medical assets in Texas, TX show an average asking cap rate of 7.14%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Texas, TX?
Granite Peak Realty (1 listing), Northgate Commercial (1 listing). See the full Texas, TX broker directory.
How do I list a medical property in Texas, 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.