This Office Property is Off-Market.

28420 Hardy Toll Road North
Spring, TX 77373 ·

59,863 SF · Office For Sale

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One North Gate Office Building

Price N/A Occupancy 83%
Building Size 59,863 SF No. Stories 2
Property Type Office Building Class A
Property Sub-type Office Building Tenancy Multiple
Property Use Type Investment Year Built 2006
Commission Split 1% Parking Ratio 4.57 / 1,000 SF
Cap Rate 7.40%
Listing ID: 14885243 Date Created: 11/15/2006 Last Updated: 10/15/2010

Description

One North Gate is the first of four buildings planned for the 26 acre master planned office park. A solid Class A multi-tenant building located in a trophy location near Interstate 45 in the highly desirable Woodlands sub-market of north Houston. You enter the park on a beautifully landscaped rolling drive, past the pond with 4 active fountains, and up the rolling terrain to the building entrance. The building is secluded and quiet, yet close enough to all the amenities the Woodlands has to offer. this is home to State Farm Insurance Company, who recently consolidated several offices and occupies 75% of the property.

One North Gate is located near one of the top living communities in the United States. Money Magazine named The Woodlands as the nation's 16th rated area to live and the 2nd most desired in Texas. The Woodlands has led the Houston area in new home sales every year since 1990 and such growth has created unparalleled commercial real estate expansion in the area during recent years making this sub-market North Houston's most dominating business hub.

Highlights

  • One of the nation's top residential communities
  • Leading demographic profile
  • Expanding commercial real estate hub
  • Brand new building
  • National credit tenant occupies 75% of property

Research

28420 Hardy Toll Road North, Spring, TX 77373 (Harris County)

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