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5616 Lawndale St 95,746 SF 100% Leased Office Building Houston, TX 77023 For Sale
INVESTMENT HIGHLIGHTS
- 2-story office/medical/flex building: ±95,746 SF on ±4.68 acres
- 316 parking spaces: 3.35/1000 SF ratio
- Building and monument signage available
- ±35,000 SF is medical/dental space
- The only office/medical/flex building for sale within 3 mile radius
- Lease possible for long term +20,000 SF user
EXECUTIVE SUMMARY
Very well-maintained ±95,746 SF office/medical/flex space on ±4.68 acres in Houston’s historic East End District, located approximately 1 mile from I-45 South and one block west of Gus Wortham Park and Wayside at Lawndale intersection.
The building was completely renovated in 2015 to include ±35,000 SF of medical/dental/office areas. There are multiple conference rooms, a large kitchen area on the second floor, an elevator, and windows in nearly every office.
The tree-lined parking area is distinctive and compliments the nearby Villa De Matel grounds as well as Gus Wortham Park.
This is a rare opportunity for an owner-user to acquire a well-maintained flex building in Houston’s historic East End, a densely populated and culturally significant area within Houston’s Inner Loop.
The building was completely renovated in 2015 to include ±35,000 SF of medical/dental/office areas. There are multiple conference rooms, a large kitchen area on the second floor, an elevator, and windows in nearly every office.
The tree-lined parking area is distinctive and compliments the nearby Villa De Matel grounds as well as Gus Wortham Park.
This is a rare opportunity for an owner-user to acquire a well-maintained flex building in Houston’s historic East End, a densely populated and culturally significant area within Houston’s Inner Loop.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
95,746 SF
Building Class
B
Year Built/Renovated
1958/2015
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
47,873 SF
Slab To Slab
13’
Building FAR
0.47
Lot Size
4.68 AC
Zoning
None - N/A
Parking
316 Spaces (3.3 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bus Line
- Conferencing Facility
- Courtyard
- Fenced Lot
- Golf Course
- Property Manager on Site
- Signage
- Natural Light
- Open-Plan
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,080,042 | |
| Land Assessment | $3,623,125 | Total Assessment | $8,703,167 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,623,125
Improvements Assessment
$5,080,042
Total Assessment
$8,703,167
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5616 Lawndale St
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