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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

Data Room Click Here to Access

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

PROPERTY TAXES

Parcel Number
1268210010001
Land Assessment
£6,711,563
Improvements Assessment
£2,462,022
Total Assessment
£9,173,585
  • Listing ID: 30807078

  • Date on Market: 29/01/2024

  • Last Updated:

  • Address: 14521 Old Katy Rd, Houston, TX 77079

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