Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

7118 Harrisburg Blvd 20,670 SF 100% Leased Office Building Houston, TX 77011 $3,500,000 ($169.33/SF) 7.14% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Heavy daytime traffic. This area is ideal for a Medical Facility, Urgent Care, or small hospital to care for the community.
  • Plenty of business traffic, Metro-rail to pass by with more potential for business attraction or for patients to get to and from their homes,

EXECUTIVE SUMMARY

Opportunity Zone Area!!! This property presently consists of three businesses on 30,000 square feet of land and located on the east end near downtown Houston. Sherwin Williams (Tenant) has leased space since 1997, and utilizes approx. 15,870 sq. ft. with a showroom, warehouse, and ADA compliance facilities and has just renewed their lease for another 5 years. Between the other two businesses, they occupy approximately 4,800 sq. ft. and are Tenants in the medical field with plenty of room to diagnose patients and perform procedures. This property can also be utilized as an Emergency Center for Professionals willing to open their own medical or urgent care facility desperately needed in the community. The building is equipped with proper commercial power for electrical needs such as large X-Ray/MRI machines, etc. If you are looking for an opportunity to open a medical facility, come and make a difference. New sidewalk improvements have also been done at the entrance of the establishment causing an even better effect on curb appeal. Call today for more information (281)924-7438.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
20,670 SF
Building Class
B
Year Built
1953
Price
$3,500,000
Price Per SF
$169.33
Cap Rate
7.14%
NOI
$249,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
20,670 SF
Building FAR
0.69
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
None - None
Parking
15 Spaces (0.73 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Manufacturing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, their employees provide the energy and experience to build on their track record of success – enabling them to innovate and grow in new and exciting ways. With their people as the foundation of their Company, they offer industry-leading innovation, value-added service and expertise, and differentiated distribution to their growing base of professional, industrial, commercial and consumer customers. Sherwin-Williams has one of the industry’s most recognized portfolios of branded and private-label products. The Company’s Sherwin-Williams® branded products are sold exclusively through a chain of company operated stores and facilities in the United States, Canada, the Caribbean and Latin America.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Manufacturing 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0250730000018
Land Assessment
$375,000
Improvements Assessment
$1,318,599
Total Assessment
$1,693,599
  • Listing ID: 35194771

  • Date on Market: 3/19/2025

  • Last Updated:

  • Address: 7118 Harrisburg Blvd, Houston, TX 77011

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}