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1739 13th St 7,384 SF 97% Leased Office Building Hempstead, TX 77445 $850,000 ($115.11/SF) 7.85% Cap Rate

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Executive Summary

Prime income-producing commercial property in the heart of Hempstead. This well-maintained building offers 6,968 sq ft of functional space on a 15,625 sq ft lot, featuring multiple leased office suites that provide immediate, stable cash flow. With a CAP rate of 7.45%, this asset delivers strong returns and long-term investment security. Excellent visibility, ample parking, and convenient access to major roadways make this an attractive option for any investor seeking a performing commercial property in a growing market.
Ample parking a Great Location...

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,384 SF
Building Class
C
Year Built
1995
Price
$850,000
Price Per SF
$115.11
Cap Rate
7.85%
NOI
$66,704
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,384 SF
Building FAR
0.48
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
Commericial - Commercial Zoning
Parking
32 Spaces (4.33 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Partitioned Offices
  • Reception
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The State of Texas functions as the government authority for the state, overseeing public administration, statewide programs, and regulatory activities across various executive agencies. Its primary executive offices operate from Austin, where the Governor leads administrative, legislative, and policy initiatives. The state's modern administrative structure traces its origins to 1845, when Texas was admitted to the United States and its government institutions were formally established. Through its agencies and departments, the state manages functions including public safety, transportation, health services, economic development, and regulatory oversight. The Governor’s Office also coordinates appointments, budgeting efforts, and intergovernmental affairs. Digital services for residents and businesses are centralized through the state's official website, which provides access to licensing, records, taxation, and other essential services.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Administration - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 106
  • 112 SF
  • Office
  • Full Build-Out
  • Now

This is one of several offices available for lease. $450 a month will include cleaning of office space, Toilet paper and Hand soap of restroom used by tenants/visitors Waiting area will provide name on bulletin board as well as furniture for visitor use. There is the ability to combine two larger office spaces and that will be closer to $1000 a month.

  • 1st Fl-Ste 109
  • 140 SF
  • Office
  • Full Build-Out
  • Now

2 offices for rent in Hempstead, utilities are included, the waiting room and bathroom are shared Parking and basic equipment is included.

Space Size Space Use Condition Available
1st Fl-Ste 106 112 SF Office Full Build-Out Now
1st Fl-Ste 109 140 SF Office Full Build-Out Now

1st Fl-Ste 106

Size
112 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 109

Size
140 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 106

Size 112 SF
Space Use Office
Condition Full Build-Out
Available Now

This is one of several offices available for lease. $450 a month will include cleaning of office space, Toilet paper and Hand soap of restroom used by tenants/visitors Waiting area will provide name on bulletin board as well as furniture for visitor use. There is the ability to combine two larger office spaces and that will be closer to $1000 a month.

1st Fl-Ste 109

Size 140 SF
Space Use Office
Condition Full Build-Out
Available Now

2 offices for rent in Hempstead, utilities are included, the waiting room and bathroom are shared Parking and basic equipment is included.

Property Taxes

Property Taxes

Parcel Number
21168
Land Assessment
$49,220
Improvements Assessment
$451,620
Total Assessment
$500,840
  • Listing ID: 39443454

  • Date on Market: 2/14/2026

  • Last Updated:

  • Address: 1739 13th St, Hempstead, TX 77445

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