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29961004
29961005

10320 Lake Rd, Houston, TX 77070 For Sale

Wofford Realty
Listed by Wofford Realty
$3,558,000
1126 days on market
Updated 145 days ago

10320 & 10326 Lake Rd

Details
Property Type Mixed Use, Office (+2)
Sub Type Executive Office, Storefront (+1)
Square Footage 12,000
Net Rentable (SqFt) 12,000
Units 8
Cap Rate 6.63%
NOI $235,833
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $297
Class B
Year Built 2007 & 2011
Year Renovated 2011 &2025
Buildings 2
Stories 1
Acreage 1.480
Zoning Office/retail
Parking Spaces 8 spaces
Parking per 1,000 SqFt 0.67
Investment Type Net Lease
Tenant Credit No Credit Rating
Ownership Individual
Sale Condition 1031 exchange

100% leased NNN multi-tenant office building

Marketing description

Stabilized | 100% Leased | Income-Producing Asset

Positioned in the heart of one of Texas’ most dynamic commercial markets, 10320 & 10326 Lake Road presents a rare opportunity to acquire a fully stabilized, 100% leased commercial asset with immediate in-place income. Two 6000 SF buildings with custom suites for a total of 12,000 SF of GLA. This well-cared-for property reflects strong ownership stewardship and consistent maintenance, offering investors a turnkey acquisition with minimal near-term capital requirements. Established tenancy provides dependable cash flow from day one, while the property’s condition supports long-term operational stability.

Strategically located within Houston’s thriving economic landscape, the asset benefits from strong population growth, business expansion, and ongoing commercial demand. Its accessible location enhances tenant retention and long-term leasing strength.% Leased | Income-Producing Asset

Positioned in the heart of one of Texas’ most dynamic commercial markets, 10320 & 10326 Lake Road presents a rare opportunity to acquire a fully stabilized, 100% leased commercial asset with immediate in-place income. Two 6000 SF buildings with custom suites for a total of 12,000 SF of GLA. This well-cared-for property reflects strong ownership stewardship and consistent maintenance, offering investors a turnkey acquisition with minimal near-term capital requirements. Established tenancy provides dependable cash flow from day one, while the property’s condition supports long-term operational stability.

Strategically located within Houston’s thriving economic landscape, the asset benefits from strong population growth, business expansion, and ongoing commercial demand. Its accessible location enhances tenant retention and long-term leasing strength.

Listing Contacts

Wofford Realty
Listed by Wofford Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$235,833.00
$19,652.75/mo

Valuation Metrics

0
DSCR
6.63%
Cap Rate
6.63%
ROI

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Additional Information

Name
Monica Delahoussaye-Wofford
License
TX 555728
Brokerage
Wofford Realty
Brokerage Phone
8177817793
Title
Broker/Owner
Brokerage Address
7952 Davis Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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