Building Details

Year Built 1981

Listing Agency: Colliers - Houston, Texas a***@aol.com Show Phone

Listed By: Douglas Pack · License #TX 444440

Source: Crexi

Added: Nov 13, 2018 Changed: Jul 6 Last Checked: Aug 1 at 1:56PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Houston, Texas

Investment Insights

Based on property information with market context.

This property underwent renovations in 2006 and 2007. Exterior and system upgrades included the roof, windows with tinting, and HVAC. Interior improvements feature a new atrium, porcelain and granite lobby, corridors, skylights, and complete paint.

Key Highlights

• Renovated in 2006/2007
• New roof
• New windows with tinting

Property Analytics

Property Profile

Current Use

Erskine Payne CPA ... Consultant Bayou Express Tax ... Accounting Firm PHD Resources & Taxes Tax Preparation Rainbow of Love Adoption Agency Women's Pregnancy Center Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

565

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 77096, TX

34,510

Population

15,490

Households

2.2

Avg Household Size

36

Median Age

53%

College-Educated

91%

High-School Grad

6.0 sq mi

ZIP Area

5,752

Density / Sq Mi

$84,395

Median Household Income

$55,162

Median Earnings

$1,293

Median Rent

$410,200

Median Home Value

Market

Lease Benchmarks for Houston, TX

$38.96 /SF/Yr

Avg Asking Price

$1.93–$141 /SF/Yr

Price Range

58,068 SF

Avg Space Size

Average Price Trend$/SF/Yr for Office Spaces in Houston, TX

– Feb

$23.29 Mar

$23.29 Apr

$23.29 May

$23.29 Jun

– Jul

Properties on Market for Office Spaces in Houston

Feb

Mar

Apr

May

Jun

Jul

Vacancy Rate% for Office in Houston, TX

21.3% 2019

24.5% 2020

25.2% 2021

26% 2022

25.3% 2023

25.5% 2024

24.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office space - Recently renovated office building with modern upgrades for lease.

Where is this office space located?

The property is located at 10103 Fondren Rd Houston, TX.

What are key features of this property?

This property features: Renovated in 2006/2007; New roof; New windows with tinting