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Boutique Office Building
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12400 North Fwy, Houston, TX 77060

Boutique office building totaling 37,719 SF with a second-floor space becoming available under an existing lease renewal.

Property Size37,719 SF
Days on Market121

Property Features for 12400 North Fwy

General Information

Standard status Active
Size 37,719 SF
Property subtype Office
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 9.7%

Building Details

Tenancy Single
Listing Agency: JLS Real Estate
Listed By: Joshua Lass-Sughrue · License #TX 539635
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:39AM

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 JLS Real Estate

Investment Insights

Based on property information with market context.

Partners is pleased to present for sale a boutique office building totaling 37,719 SF at 12400 North Fwy. The property is currently 100% leased to Bank of America. The tenant has renewed the lease for 16,871 rentable SF for an additional five-year period commencing July 1, 2023 and expiring June 30, 2028.

Beginning with the renewal term, the entire second floor—approximately 20,848 rentable SF—will become available for lease. The property is located at the corner of Interstate 45 and Greens Rd, providing access to and signage visibility along Interstate 45 (the North Freeway).

The building is situated in the North Houston office market, approximately 15 miles north of Downtown Houston, with proximity to George Bush Intercontinental Airport. The surrounding district is described as developing with access to major routes including Interstate 45, Beltway 8, and the airport.

Key Highlights

  • 37,719 SF boutique office building at 12400 North Fwy in Houston
  • 100% leased to Bank of America; lease renewal for 16,871 rentable SF runs July 1, 2023 through June 30, 2028
  • Second floor (approximately 20,848 rentable SF) becomes available for lease upon renewal term commencement

Property Analytics

Current Use

Bank of America Financial ... Bank Bank of America ATM Atm Top Flooring Finishers General Contractor Mortgage, Bank of America Loan Service

Suggested Use

Top Pick Auto Repair Shop Garden Center Pharmacy Kitchen & Bath Showroom Parking Lot & Garage Home Appliance Store

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,214
Businesses Nearby

Demographics for 77060, TX

42,707
Population
16,660
Households
2.6
Avg Household Size
29
Median Age
7%
College-Educated
55%
High-School Grad
8.1 sq mi
ZIP Area
5,272
Density / Sq Mi
$37,843
Median Household Income
$26,278
Median Earnings
$1,024
Median Rent
$144,900
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Boutique office building totaling 37,719 SF with a second-floor space becoming available under an existing lease renewal.
Where is this office building located?
The property is located at 12400 North Fwy Houston, TX.
What are key features of this property?
This property features: 37,719 SF boutique office building at 12400 North Fwy in Houston; 100% leased to Bank of America; lease renewal for 16,871 rentable SF runs July 1, 2023 through June 30, 2028; Second floor (approximately 20,848 rentable SF) becomes available for lease upon renewal term commencement
More about this property
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