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2020 N Memorial Way 6,656 SF Office Building Houston, TX 77007 $2,500,000 ($375.60/SF)
Investment Highlights
- Prime hard-corner opportunity featuring a phenomenal fully renovated 5,000 SF office building with 13 dedicated parking spaces and Downtown View
- Exceptional hard-corner property featuring a renovated 5,000 SF office building, 13 parking spaces, and stunning Downtown Houston skyline views
- Rare development opportunity featuring a renovated 5,000 SF office building with 13 parking spaces and Downtown Houston views, with the option to purc
Executive Summary
• Tract 1 | 15,585 SF - Asking $2.5M
Includes the ~5,000 SF N Memorial office building with covered parking. Ideal for an owner user seeking a presence on Memorial with functionality already in place.
• Tract 2 | 3,453 SF- Asking $1M
Includes the ~1,656 SF Henderson warehouse building. Perfect for a smaller user, service business, or income producing component.
• Tract 3 | 11,457 SF- Asking $1M
Vacant land with potential curb cut. Strong redevelopment play on a highly visible corner.
Includes the ~5,000 SF N Memorial office building with covered parking. Ideal for an owner user seeking a presence on Memorial with functionality already in place.
• Tract 2 | 3,453 SF- Asking $1M
Includes the ~1,656 SF Henderson warehouse building. Perfect for a smaller user, service business, or income producing component.
• Tract 3 | 11,457 SF- Asking $1M
Vacant land with potential curb cut. Strong redevelopment play on a highly visible corner.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,656 SF
Building Class
B
Year Built/Renovated
1935/2015
Price
$2,500,000
Price Per SF
$375.60
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,565 SF
Building FAR
0.22
Lot Size
0.70 AC
Parking
12 Spaces (1.8 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Millennium Rds
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Millennium Rds | Health Care and Social Assistance | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 1319870010001 | Improvements Assessment | $459,305 |
| Land Assessment | $1,677,280 | Total Assessment | $2,136,585 |
Property Taxes
Parcel Number
1319870010001
Land Assessment
$1,677,280
Improvements Assessment
$459,305
Total Assessment
$2,136,585
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Contact the Sale Advisor
2020 N Memorial Way