What is the typical cap rate for other in Houston?

About 9.0% as of Q4 2025, per multiple brokerages.

Is the Houston other market tightening or softening?

Vacancy is around 10.0%, with asking rents rising year over year (Q4 2025).

Other

Hedwig Place

hedwig place, houston, TX 77024

Price

Price on request

Description

Class A, 102,775 RSF, 5-story Medical Office Building Hedwig Place is located on I-10 (Katy Freeway) in the heart of the Memorial Villages, just miles away from Memorial Hermann Memorial City Hospital. Hedwig Place is bolstered by freeway exposure, fine dining and retail, and upscale neighborhoods. Move-in ready medical suites will be available late Q1 or early Q of 2021, providing doctors an opportunity for immediate occupancy and no startup costs for their real estate. It features a mix of modern design with upscale interior finishes to provide an atmosphere that is welcoming to tenants and patients alike.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

hedwig place, houston, TX 77024

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Market Context

As of Q4 2025, the Houston other market showed a 10.0% vacancy rate, rents up 26.5% year over year, and cap rates around 9.0%. Source: multiple brokerages Q4 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other other listings for sale in Houston, TX to benchmark pricing and space — view the full market.

Other market FAQ

What is the typical cap rate for other in Houston?: About 9.0% as of Q4 2025, per multiple brokerages.
Is the Houston other market tightening or softening?: Vacancy is around 10.0%, with asking rents rising year over year (Q4 2025).