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TWO INVESTMENT / OWNER-USER BUILDINGS 11820 Huffmeister rd 31,365 SF 100% Leased Office Building Houston, TX 77065 $5,900,000 ($188.11/SF)



Investment Highlights
- WELL BELOW REPLACEMENT COST
- FENCED PROPERTY WITH SECURED ACCESS
- INCLUDED EQUIPMENT AND FEATURES
- MULTIPLE USES
- COVERED DRIVE THRUS / PLENTIFUL PARKING
- EXCELLENT VISIBILITY
Executive Summary
Northmarq is pleased to offer for sale to qualified buyers the opportunity to acquire two vacant office buildings at below replacement cost. The Property is located in Northwest Houston, TX at the intersection of Huffmeister Road and Cypress Corner Lane. The Property was previously used as a highly specialized Autism Center and features a fully built-out interior.
The Property features 2 buildings totaling 31,365 SF sitting on 3.718 acres, which includes all off-site detention. The buildings could be built-out with multiple uses, including a medical campus, church campus, daycare, Montessori, general office (CPA, attorneys, etc) or perhaps a combination of retail / office. Medical offices would do very well as the property is located approximately 5 minutes north of HCA Houston Healthcare North Cypress, a 163-bed, general acute care hospital.
The Property features 2 buildings totaling 31,365 SF sitting on 3.718 acres, which includes all off-site detention. The buildings could be built-out with multiple uses, including a medical campus, church campus, daycare, Montessori, general office (CPA, attorneys, etc) or perhaps a combination of retail / office. Medical offices would do very well as the property is located approximately 5 minutes north of HCA Houston Healthcare North Cypress, a 163-bed, general acute care hospital.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
31,365 SF
Building Class
B
Year Built
2011
Price
$5,900,000
Price Per SF
$188.11
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,683 SF
Building FAR
0.19
Lot Size
3.72 AC
Parking
174 Spaces (5.55 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Property Taxes
| Parcel Numbers | Improvements Assessment | $5,327,766 | |
| Land Assessment | $1,115,854 | Total Assessment | $6,443,620 |
Property Taxes
Parcel Numbers
Land Assessment
$1,115,854
Improvements Assessment
$5,327,766
Total Assessment
$6,443,620
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TWO INVESTMENT / OWNER-USER BUILDINGS | 11820 Huffmeister rd
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