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2450 Fondren Rd, Houston, TX 77063

Two-building office complex with modernized interiors and convenient highway access.

Property Size11,997 SF
Lot Size2.37 Acres
Days on Market1837

Property Features for 2450 Fondren Rd

General Information

Standard status Active
Size 11,997 SF
Lot size 2.37 Acres
Property subtype OFFICE
Listing Agency: Colliers - Houston
Listed By: Douglas Pack
Source: Moodyscre
Added: Jul 20, 2021 Changed: Jul 6 Last Checked: Jul 21 at 3:00AM

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

Investment Insights

Based on property information with market context.

Piney Point Offices consists of two 3-story buildings totaling 153,189 square feet. Located near the Piney Point residential community, the buildings are set among mature trees. Recent renovations include updated lobbies, modernized restrooms, and improved corridors. The property features a combination of medical and office tenants, many of whom have been tenants for over twenty years. Modernized interiors include the lobby, atrium, restrooms, and corridors. The location provides easy access to Westheimer, Sam Houston Parkway, and Westpark Tollway. The property offers a parking ratio of 5.0 per 1,000 square feet. On-site owner and manager are present. Lush landscaping includes outdoor seating.

Key Highlights

  • Excellent location with easy access to major roadways (Westheimer, Sam Houston Parkway, and Westpark Tollway).
  • High usable parking ratio (5.0/1,000 SF).
  • Modernized interiors** including lobby, atrium, restrooms, and corridors.

Property Analytics

Current Use

Texas Children's Pediatrics ... Pediatrician Piney Point Dental ... Dental Office Piney Point Oral ... Dental Office Dr. Steve L. ... Dental Office West (Krause) Karen ... Physician

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Plumbing Service Butcher Catering Service (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,889
Businesses Nearby

Demographics for 77063, TX

38,298
Population
22,625
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,511
Density / Sq Mi
$54,509
Median Household Income
$40,346
Median Earnings
$1,334
Median Rent
$281,300
Median Home Value

Market

Lease Benchmarks for Houston, TX

$19.31 /SF/Yr
Avg Asking Price
$1.93–$38.5 /SF/Yr
Price Range
108,961 SF
Avg Space Size

This space is priced 27% below the average of $19.31 /SF/Yr.

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 - Two-building office complex with modernized interiors and convenient highway access.
Where is this office building located?
The property is located at 2450 Fondren Rd Houston, TX.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Excellent location with easy access to major roadways (Westheimer, Sam Houston Parkway, and Westpark Tollway).; High usable parking ratio (5.0/1,000 SF).; Modernized interiors** including lobby, atrium, restrooms, and corridors.
(713) 835-0050 Call to check price and availability
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