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29810926
10375011

2020 N Memorial Way, Houston, TX 77007

RH
TX 0743453
Real Broker, LLC
Listed by Real Broker, LLC
$2,500,000
373 days on market
Updated 11 days ago

For sale: Office/ Retail Hard Corner - Memorial

Details
APN 1319870010001
Property Type Industrial, Mixed Use (+2)
Sub Type Creative Office, Executive Office (+1)
Units 1
NOI $132,000
Occupancy 100%
Tenancy Single
Lease Expiration 07/31/2025
Class A
Year Built 1935
Year Renovated 2010
Buildings 2
Stories 1
Lot Size (SqFt) 3,453 - 30,500
Investment Type Owner/User
Sale Condition For sale by owner

PRIME Hard Corner Redevelopment Opportunity | Major Update – Flexible Tract Options Now Available at

Marketing description

The Seller is now offering maximum flexibility for acquisition. Buyers have the option to purchase the entire ±30,500 SF tract or acquire individual tracts as outlined in the attached proposed survey. This structure allows for a range of strategies, from securing a smaller, targeted footprint to controlling the full hard corner assemblage.

Property Overview

2020 N Memorial Way sits at the hard corner of N Memorial Way and Henderson Street, just off Memorial Drive and less than 2 miles from Downtown Houston. The location offers immediate access to I 10 and I 45, making it ideal for an owner user, investor, or redevelopment play.

The property includes approximately 6,656 SF across two structures:

• ~5,000 SF single story office with high ceilings, natural light, central HVAC, kitchenette, break room, and restrooms

• ~1,656 SF warehouse, ideal for storage or supplemental income

• Fenced and covered parking

• Newly installed 25 KW natural gas generator

• Option to deliver fully furnished

Investment Highlights

• Hard corner location with exceptional visibility

• Direct frontage across from Eleanor Tinsley Park

• Skyline views of Downtown Houston

• Flexible acquisition options with newly proposed tract divisions

• Less than 2 miles from Downtown Houston

Virtual Tour Link: 2020 N Memorial Way

Investment highlights

Investment Highlights

• Hard corner location with exceptional visibility

• Direct frontage across from Eleanor Tinsley Park

• Skyline views of Downtown Houston

• Flexible acquisition options with newly proposed tract divisions

• Less than 2 miles from Downtown Houston

Listing Contacts

RH
TX 0743453
Real Broker, LLC
Listed by Real Broker, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$132,000.00
$11,000.00/mo

Valuation Metrics

0
DSCR
5.28%
Cap Rate
5.28%
ROI

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Additional Information

Name
Rebecca Hughes
License
0743453
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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