Historical Office Sale Listing - Wells Fargo Northborough

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Wells Fargo Northborough

12941 I-45 North, Houston, TX 77060

N/A

180,000 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
180,000 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
88%
No. Stories:
8
Building Class:
A
Tenancy:
Multiple
Year Built:
1982
Lot Size:
4.70 AC
Parking Ratio:
3.30 / 1,000 SF
Listing ID
14455486
Last Updated
over 1 year ago

Highlights

  • 8.0 actual cap on actual occupancy
  • Great location
  • very low roll over in the next 3 years
  • High renewal rate
  • Credit tenants
  • Price well below replacement cost

Description

8.0% Actual Cap rate, 8 story office building in a great locaiton in Greenspoint submarket of Houston. Great National Tenants with very little roll over. The building is located by the I-45 freeway with great exposure and great recent renewal activity.

I-45 in Greenspoint submarket

Map of 12941 I-45 North, Houston, TX 77060 (Harris County)

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