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4606 FM 1960 W
Houston, TX 77069
Northwoods Park · Office Property For Sale


Executive Summary
Value-add investment opportunity
• Currently 98.92% occupied by 95 tenants with an average lease size of +/- 1,014 SF.
• Immediate upside with lease up of second-generation and spec suites, little need for additional buildout.
• Strong re-lease potential as indicated by new leases and renewals since 2021.
• Strong, diversified tenant base among industries, such as banking, healthcare, legal, and logistics.
• Currently 98.92% occupied by 95 tenants with an average lease size of +/- 1,014 SF.
• Immediate upside with lease up of second-generation and spec suites, little need for additional buildout.
• Strong re-lease potential as indicated by new leases and renewals since 2021.
• Strong, diversified tenant base among industries, such as banking, healthcare, legal, and logistics.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
104,786 SF
Building Class
B
Year Built/Renovated
1982/2008
Percent Leased
99%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
17,443 SF
Building FAR
0.52
Lot Size
4.60 AC
Zoning
N/A - Commercial
Parking
243 Spaces (2.32 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Pond
- Property Manager on Site
- Security System
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,629,585 | |
| Land Assessment | $2,937,340 | Total Assessment | $5,566,925 |
Property Taxes
Parcel Numbers
Land Assessment
$2,937,340
Improvements Assessment
$2,629,585
Total Assessment
$5,566,925
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