Energy Corridor Offices | 14521 Old Katy Rd
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Energy Corridor Offices 14521 Old Katy Rd
36,000 SF 86% Leased Office Building Houston, TX 77079 £5,242,415 (£146/SF) 10.96% Net Initial Yield
Investment Highlights
- Irreplaceable 3.73 Acre Tract in Houston’s Energy Corridor
- Beautiful, Well-Maintained Office Buildings: Excellent for an Owner-User Purchaser or Investor
- Visibility on Interstate 10 (Katy Freeway) With 200,000-250,000 Vehicles Per Day
- Nearby Properties are Positioning for Major Development Projects
- Multiple Access Points With Connection to Katy Freeway’s Westbound Feeder Road and Highway 6 North
Executive Summary
• Irreplaceable 3.73 Acre Tract in Houston’s Energy Corridor. Package Includes Two Office Buildings.
• Nearby Properties are Positioning for Major Development Projects
• Beautiful, Well-Maintained Office Buildings: Excellent for an Owner-User Purchaser or Investor
• Multiple Access Points With Connection to Katy Freeway’s Westbound Feeder Road and Highway 6 North
• Visibility on Interstate 10 (Katy Freeway) With 200,000-250,000 Vehicles Per Day
• Nearby Properties are Positioning for Major Development Projects
• Beautiful, Well-Maintained Office Buildings: Excellent for an Owner-User Purchaser or Investor
• Multiple Access Points With Connection to Katy Freeway’s Westbound Feeder Road and Highway 6 North
• Visibility on Interstate 10 (Katy Freeway) With 200,000-250,000 Vehicles Per Day
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Portfolio Sale
Property Type
Office
Building Size
36,000 SF
Building Class
B
Year Built
2008
Price
£5,242,415
Price Per SF
£146
Net Initial Yield
10.96%
NOI
£574,565
Percent Leased
86%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
12,000 SF
Slab to Slab
11 ft
Building FAR
0.22
Lot Size
3.73 AC
Zoning
none
Parking
206 Spaces (5.72 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Property Manager on Site
PROPERTY TAXES
Parcel Number | 1268210010001 | Improvements Assessment | £2,462,022 |
Land Assessment | £6,711,563 | Total Assessment | £9,173,585 |
PROPERTY TAXES
Parcel Number
1268210010001
Land Assessment
£6,711,563
Improvements Assessment
£2,462,022
Total Assessment
£9,173,585
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Energy Corridor Offices | 14521 Old Katy Rd
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