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343-345 Only 331-347 E Parkwood Ave 3,540 SF 48% Leased Office Building Friendswood, TX 77546 $850,000 ($240.11/SF) 7% Cap Rate
Investment Highlights
- Functional medical layout with multiple exam rooms and dual waiting areas.
- Established medical and wellness tenancy in immediate vicinity.
- Strong regional access near FM 518 and I-45.
- High-income suburban demographics supporting long-term demand.
Executive Summary
343 lease until June 2027
345 ready to occupy
Do not disturb tenants
345 ready to occupy
Do not disturb tenants
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,540 SF
Building Class
C
Year Built
1988
Price
$850,000
Price Per SF
$240.11
Cap Rate
7%
NOI
$59,500
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,540 SF
Building FAR
1.02
Lot Size
0.08 AC
Zoning
NC - Neighborhood Commercial
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
2 months free until March 1st.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 345 | 1,770 SF | Office | Full Build-Out | Now |
1st Fl-Ste 345
| Size |
| 1,770 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 345
| Size | 1,770 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
2 months free until March 1st.
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Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6027-0000-0005-000 | Improvements Assessment | $441,060 |
| Land Assessment | $78,940 | Total Assessment | $520,000 |
Property Taxes
Parcel Number
6027-0000-0005-000
Land Assessment
$78,940
Improvements Assessment
$441,060
Total Assessment
$520,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Peterson CPA Firm PC
343-345 Only | 331-347 E Parkwood Ave
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