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4002 Burke Rd
Pasadena, TX 77504 Southeast Houston

$6,678,123 USD

Medical For Sale  •  23,114 SF

Property Details

• Property Type Medical
• Total Building Size 25,444 SF
• Lot Size 3.77 AC
• Building Class C
• Year Built 1984
• Cap Rate 8.05 %
• Tenancy Multiple

0 Transit Score

63 Walk Score

Highlights

92% occupied medical office building with 25,444 SF and 6 healthcare tenants.

Fresh 10-year NNN leases with 2.5% annual rent increases and ±7.3 years WALT.

Prime Pasadena location at high-traffic intersection with 20,000+ VPD exposure.

Immediate value-add by leasing remaining 8% of space for increased returns.

Strong tenant mix including pediatrics, OBGYN, pharmacy, and dental services.

Offered at $6,678,123 with an 8.05% cap rate and $537,663 NOI for stable cash flow.

Cap Rate:

8.05 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Fairmont Pediatrics
Gagan Pharmancy
NAG Clinics
Roots Health
Victory Smiles

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	18 min	-	7.8 mi
George Bush Intcntl/Houston	41 min	-	33.2 mi