17715 Red Oak Drive

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17715 Red Oak Drive

Houston, TX 77090
Asking Price
$2.06M
Asset Type
Retail
Class
Class B

What's Special

17715 Red Oak Drive is situated in North Houston, positioned within a dense professional and medical corridor near the Cypress Creek Parkway. The neighborhood is characterized by a mix of residential communities and established office parks, providing a stable local consumer base. The property offers convenient access to major thoroughfares, including Interstate 45 and the Hardy Toll Road, facilitating transit across the greater Houston metropolitan area. Nearby amenities include the HCA Houston Healthcare Northwest hospital complex and numerous national dining and shopping outlets. The property is suited for retail operators requiring high visibility and frequent consumer turnover. Ideal use cases include neighborhood services, specialty medical clinics, boutique fitness centers, or quick-service food and beverage concepts. The typical tenant profile consists of businesses seeking to leverage the high daytime population and commuter traffic associated with the surrounding medical district and residential neighborhoods. The layout supports flexible floor plans adaptable to diverse commercial requirements.

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NOI
$80,000
Cap Rate
3.87%
DSCR
0.65
Underwater
Cash-on-Cash
-6.88%
Monthly Payment
$10,216.493
Annual Cash Flow
$-42,597.92

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