1140 Enclave Parkway
Multifamily
Marketing description
1140 Enclave Parkway is a three-level office/medical building in Houston's Energy Corridor, delivered in 2020. The building totals approximately 14,000 SF, with roughly 11,914 SF represented as leasable across the first and second floors. The seller currently operates a medical practice from approximately 1,650 SF on the first floor — this space is owner-occupied, not a third-party income-producing tenancy. The seller is flexible and open to delivering the space vacant at closing or discussing a leaseback structure with a qualified buyer.
The remainder of the first floor (approximately 4,115 SF) is unfinished shell space ready for a buyer's own build-out, and the second floor (approximately 6,149 SF) is represented as divisible into multiple professional suites, subject to code and permitting review. The building's structure and elevator shaft were designed with a future third-floor expansion in mind, offering potential additional square footage — feasibility, permitted status, and scope should be confirmed by the buyer's architect and engineer.
The property represents a compelling value proposition relative to current new-construction costs in the corridor. Finish-out includes a stone exterior, marble flooring, and a Schindler elevator servicing all three levels. Contact the listing agent for pricing.
Investment highlights
- Built in 2020 — near-new construction offered as a value entry point against today's build costs, with minimal near-term capex
- ~10,264 SF of vacant space is your blank canvas — lease it up floor by floor and build your own rent roll from day one
- Structure and elevator shaft already built for a 3rd floor — a rare shortcut to more square footage without ground-up construction cost or time
- Anchored inside the Energy Corridor — 300+ companies, ~94,000 employees, and two hospital systems fueling steady tenant demand
- Flexible seller occupancy — take it vacant or negotiate a leaseback, structured around your investment plan
- Divisible 2nd floor supports a multi-tenant strategy — spread risk across several smaller, more leasable suites
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