1308 Kingwood Dr | Humble, TX 77339
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1308 Kingwood Dr
Humble, TX 77339
Office Property For Sale
Executive Summary
Presenting an exceptional investment opportunity at 1308 Kingwood Drive in Kingwood, TX, a distinguished medical/professional building featuring a lucrative long-term tenant. Improvements consist of a 4,650 SF, Class B, 100% occupied, single-tenant medical/professional building located in a high income suberb of Houston, TX. Built in 1983, the Property is part of a five building business park and features a glass exterior and a ~4.49/1,000 SF parking ratio in a shared business park lot. Currently 100% occupied by a psychiatry and counseling firm. Current annual rents are $20.00/SF/YR with $0.50 annual increases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,650 SF
Building Class
C
Year Built/Renovated
1980/1991
Price
£633,663
Price Per SF
£136
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,650 SF
Building FAR
0.97
Lot Size
0.11 AC
Zoning
None
Parking
1.9 Spaces per 1,000 SF Leased
PROPERTY TAXES
| Parcel Number | 1152860000140 | Improvements Assessment | £348,864 |
| Land Assessment | £37,695 | Total Assessment | £386,559 |
PROPERTY TAXES
Parcel Number
1152860000140
Land Assessment
£37,695
Improvements Assessment
£348,864
Total Assessment
£386,559
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