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13715769
13715770

26310 Oak Ridge Dr, Spring, TX 77380

BS
TX 291078
eXp Realty
Listed by eXp Realty
$5,500,000
945 days on market
Updated 19 days ago

21,320 SF Office Building For Sale

Details
Property Type Office
Sub Type Traditional Office
Square Footage 21,320
Net Rentable (SqFt) 18,000
Cap Rate 5.10%
NOI $250,700
Occupancy 95%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $258
Broker Co-Op Yes
Class B
Year Built 2014
Buildings 1
Stories 2
Lot Size (SqFt) 47,164
Parking Spaces 51 spaces
Parking Per SqFt 2.39

Great Investment in The Woodlands, TX

Marketing description

Great investment opportunity situated in a prime location. Minutes from I-45, Hardy Toll Rd and Grand Parkway and all the amenities The Woodlands has to offer. This two-story office building has 42 tenants and only 1 current vacancy. Owner occupies approximately 1,000 sf.

Investment highlights

Approximately 95% leased. One vacancy and Owner occupies 1,000sf +-. Great upside on rents.

Located in The Woodlands, Tx 77380 on 1.08 Acres in High Traffic Area Minutes to I-45, Hardy Toll Rd. and The Grand Parkway.

The Woodlands, TX has been Named #1 by Niche.com as The Best City in The United States to Buy a Home for

the Second Consecutive Year.

The Woodlands placed #2 in Ranking by Niche.com as the Best City to Live in the United States and #2 as Best City

to Raise a Family This Year and Has Been in the Top 5 over the past several years. The Woodlands Earned an

A+ Grade for its Public Schools, Job Opportunities and Family-Friendly Environment.

Listing Contacts

BS
TX 291078
eXp Realty
Listed by eXp Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$250,700.00
$20,891.67/mo

Valuation Metrics

0
DSCR
4.56%
Cap Rate
4.56%
ROI

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