616 FM 1960 Rd W | Houston, TX 77090
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- LoopNet Team
616 FM 1960 Rd W
Houston, TX 77090
Auction - REIT Sale | 47.8% Occupied · Office Property For Sale
Investment Highlights
- STARTING BID $850,000 | 47.8% Occupied | Signalized Hard Corner | 54K VPD Traffic | AUCTION OCTOBER 14-16, 2024
- 47.8% Occupied Providing Near-Term Value Add Potential with a Range of Suite Sizes Readily Available for Lease
- Amenities: On-Site Management, After-Hours Controlled Access, On-Site Banking, Monitored Security Cameras, Tenant Lounge with Parks Pantry Market
- ±142,194 SF, Multi-Tenant Office Building on 3.66-Acre Parcel with Covered Parking Located Five Minutes from IAH Airport
- Walkable to HCA Houston Healthcare Northwest, Kroger, Planet Fitness, Dekaney High School, Numerous Hotels and Restaurants
- Located at Signalized Hard Corner with Traffic Count of ±54,531 Vehicles Per Day
Property Facts
Property Type
Office
Building Size
142,194 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1982
Percent Leased
48%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
17,063 SF
Slab To Slab
10’
Building FAR
0.89
Lot Size
3.66 AC
Parking
628 Spaces (4.42 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Food Service
- Property Manager on Site
- Security System
- Signage
- Central Heating
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 1082270000004 | Improvements Assessment | $3,996,302 |
| Land Assessment | $1,594,300 | Total Assessment | $5,590,602 |
Property Taxes
Parcel Number
1082270000004
Land Assessment
$1,594,300
Improvements Assessment
$3,996,302
Total Assessment
$5,590,602
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