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Pine Circle Office Bldg 1600 Lake Front Cir 22,142 SF 100% Leased Office Building The Woodlands, TX 77380 $4,250,000 ($191.94/SF)
Investment Highlights
- 22,142 square foot Class C Office Building situated on approximately 1.98 Acres in The Woodlands.
- Additional direct access to second story through exterior stairway. Building could be used as an owner/user property or investment.
- Located on Lake Front Circle between Lake Woodlands Drive and Research Forest Drive, both being major thoroughfares into and out of The Woodlands.
- 83 total parking spaces yielding a ratio of 4.35 per 1000. Two story building with an interior elevator.
- Prime location in the center of The Woodlands within a half mile of The Woodlands Mall, Town Center, Market Street, and Hughes Landing.
- Lake Front Circle has direct access to I-45 connecting Dallas to Houston.
Executive Summary
22,142 square foot Class C Office Building situated on approximately 1.98 Acres in The Woodlands, TX.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,142 SF
Building Class
C
Year Built
1983
Price
$4,250,000
Price Per SF
$191.94
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,071 SF
Slab To Slab
9’
Building FAR
0.26
Lot Size
1.98 AC
Zoning
6, County
Parking
120 Spaces (5.42 Spaces per 1,000 SF Leased)
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Moderately walkable
70/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 9721-43-00100 | Improvements Assessment | $423,490 |
| Land Assessment | $3,024,810 | Total Assessment | $3,448,300 |
Property Taxes
Parcel Number
9721-43-00100
Land Assessment
$3,024,810
Improvements Assessment
$423,490
Total Assessment
$3,448,300
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Pine Circle Office Bldg | 1600 Lake Front Cir
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