J Hunter Properties
Listed by J Hunter Properties
$5,999,999
12727 Featherwood Dr, Houston, TX 77034
Details
APN 114-858-003-0004
Property Type Office
Sub Type Traditional Office
Net Rentable (SqFt) 49,670
Occupancy 35%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 15.35%
Pro-Forma NOI $921,076
Class B
Year Built 1985
Buildings 1
Stories 2
Lot Size (SqFt) 110,608
Parking Spaces 130 spaces
Investment Type Owner/User
Tenant Credit Credit Rated
Ground Lease No
Ownership 100%
Southeast Houston Office | Near Houston Spaceport, Ellington Field & Hobby Airport | 49,670 SF
Marketing description
For Sale: Featherwood Office Building | Southeast Houston
- Site Size: ±2.54 acres (110,608 SF) | ±49,670 SF two-story office building
- Construction: Built in 1985 | Recent building improvements | ±11-ft wall height | 100% interior finish
- Occupancy: ±35% occupied | ±23,000 SF available for lease or owner-user
- Location: Excellent regional access | Off Interstate 45 (Gulf Freeway) & Beltway 8 (Sam Houston Tollway) | 5.9 miles to William P. Hobby Airport
- Tenancy: Stable tenant mix | Expansion potential | Long-term tenancy in place
- Value-Add: ±65% vacancy allows strong upside through leasing and repositioning
- Investment Opportunity: Offered as-is, where-is | Potential for repositioning, lease-up, or long-term hold
📞 Contact Tram Kim at Jhunter Properties at 713-906-4814 to schedule a private tour or request the OM.
Investment highlights
- Site Size: ±2.54 acres (110,608 SF) | ±49,670 SF two-story office building
- Construction: Built in 1985 | Recent building improvements | ±11-ft wall height | 100% interior finish
- Occupancy: ±35% occupied | ±23,000 SF available for lease or owner-user
- Location: Excellent regional access | Off Interstate 45 (Gulf Freeway) & Beltway 8 (Sam Houston Tollway) | 5.9 miles to William P. Hobby Airport
- Tenancy: Stable tenant mix | Expansion potential | Long-term tenancy in place
- Value-Add: ±65% vacancy allows strong upside through leasing and repositioning
- Investment Opportunity: Offered as-is, where-is | Potential for repositioning, lease-up, or long-term hold
Listing Contacts
J Hunter Properties
Listed by J Hunter Properties
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