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16422 Stuebner Airline Rd

13,000 SF 100% Leased Office Building Spring, TX 77379 £1,271,534 (£98/SF)

Investment Highlights

  • Building on a major road across from a High School.

Executive Summary

This could be a gorgeous building on a major road across from a High School; which means you would get great visibility. This building boasts over 13,000 SF of space on the inside over 3 floors. Plenty of parking ratio of over 4. This building needs work, it is set in the early 1990's ... but could be modernized with a minor capital investment. With over 52 individual offices this building could bring you a potential 18% return on your investment year over year, if not more.

Property Facts Under Contract

Sale Type
Investment
Sale Conditions
Distress Sale
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
13,000 SF
Building Class
C
Year Built
1992
Price
£1,271,534
Price Per SF
£98
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
4,333 SF
Slab to Slab
11 ft
Building FAR
0.49
Lot Size
0.61 AC
Zoning
None - Professional Office Building for Sale. Available Lease for Single or Multiple offices.
Parking
55 Spaces (4.23 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Conferencing Facility
  • Signage
  • Kitchen
  • Accent Lighting
  • Reception
  • Storage Space
  • Central Heating
  • Fully Carpeted
  • High Ceilings
  • Natural Light
  • Plug & Play
  • Shower Facilities
  • Suspended Ceilings
  • Monument Signage
  • Air Conditioning
  • Balcony

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Safeway Driving
  • Service type
  • -
  • -
  • -
  • Wick Mullins Realty Group
  • Real Estate
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Safeway Driving Service type - - -
Wick Mullins Realty Group Real Estate - - -
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1060250000013
Land Assessment
£127,515
Improvements Assessment
£730,846
Total Assessment
£858,361
  • Listing ID: 31995635

  • Date on Market: 02/06/2024

  • Last Updated:

  • Address: 16422 Stuebner Airline Rd, Spring, TX 77379

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