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7118 Harrisburg Blvd 20,670 SF 100% Leased Office Building Houston, TX 77011 $3,500,000 ($169.33/SF) 7.14% Cap Rate
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. There is also an option to Rent the two clinics. Clinica Angel is available for rent at $5,000 per month as well as the other clinic for $2,000 per month for the next 4 years. Call today, for more details, 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
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 |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 0250730000018 | Improvements Assessment | $1,318,599 |
| Land Assessment | $375,000 | Total Assessment | $1,693,599 |
Property Taxes
Parcel Number
0250730000018
Land Assessment
$375,000
Improvements Assessment
$1,318,599
Total Assessment
$1,693,599
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