5616 Lawndale St | Houston, TX 77023
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5616 Lawndale St
Houston, TX 77023
Plaza Santa Clara · Office Property For Sale
Investment Highlights
- Premier Mixed-Use and/or Owner-User Opportunity in Houston's East End
- In-Place NNN Medical Tenancy with Escalating Base Rents
- Covered Land Play on Nearly 5 Acres in Gentrifying Area - Assembled Land Value Estimated at Over $8MM
- 95,746 SF Medical/Flex Office Recently Rebuilt from the Steel Framing
- $2.6MM Pro Forma NOI based on Current In-Place Rents
- 100% Sprinklered Throughout | Heavy Power: 3-Phase 480/240/120
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
95,746 SF
Building Class
B
Year Built/Renovated
1958/2005
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
47,873 SF
Slab to Slab
13 ft
Building FAR
0.47
Lot Size
4.68 AC
Zoning
None - N/A
Parking
316 Spaces (3.3 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bio-Tech/ Lab Space
- Bus Route
- Conferencing Facility
- Courtyard
- Fenced Lot
- Golf Course
- Property Manager on Site
- Signage
- Natural Light
- Open-Plan
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £4,019,592 | |
| Land Assessment | £1,643,147 | Total Assessment | £5,662,739 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,643,147
Improvements Assessment
£4,019,592
Total Assessment
£5,662,739
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