Multi-Tenant Office Campus with
300 Kitty Hawk Rd Universal City, TX 78148
300 Kitty Hawk Rd, Universal City, TX, 78148
Contact for pricing
For Sale
Contact for pricing
Three-building office campus with courtyard space, drop ceilings, fire sprinklers, and 120 surface parking spaces.
Property Size16,000 SF
Lot Size3.99 Acres
Price / SF$231.25
Days on Market90
Property Features for 300 Kitty Hawk Rd
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Lot size
- 3.99 Acres
- Property subtype
- Office, Retail
Listing agency
LJG Comm LLC
(210) 317-4377
Listed by
LAURENTIU POPA · License #0667120
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 3:36PM Checked: Jul 21 at 3:36PM
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 LJG Comm LLC
Investment Insights
Based on property information with market context.
Kitty Hawk Garden Offices is a multi-tenant office business center comprising three separate buildings totaling 32,914 SF on 3.99 acres. The campus includes 120 surface parking spaces and offers available space totaling 17,351 SF, with up to 15,267 SF contiguous. Interior finishes include polished concrete and tile flooring with drop ceilings, supported by a fire sprinkler system. The property is offered as Class C space and is listed with DDAA compliance, and it includes courtyard space.
The office campus is located along Kitty Hawk Road in Universal City, TX, near Pat Booker Road and Quivira Road, with monument/signage visibility called out in the marketing remarks. The property is described as having C-3 zoning. Current occupancy is 47.27% leased.
Space configuration and program flexibility are supported by the open-plan layouts across the available areas, and the property is presented as suitable for a range of uses including daycare or school operations, medical practices, professional offices, adult daycare, counseling, and beauty services.
The office campus is located along Kitty Hawk Road in Universal City, TX, near Pat Booker Road and Quivira Road, with monument/signage visibility called out in the marketing remarks. The property is described as having C-3 zoning. Current occupancy is 47.27% leased.
Space configuration and program flexibility are supported by the open-plan layouts across the available areas, and the property is presented as suitable for a range of uses including daycare or school operations, medical practices, professional offices, adult daycare, counseling, and beauty services.
Key Highlights
- Three‑building office campus on 3.99 acres at 300 Kitty Hawk Road in Universal City, TX
- Total building size 32,914 SF (Class C): 15,267 SF, 8,875 SF, and 8,772 SF across three structures
- C‑3 zoning with 17,351 SF available, including up to 15,267 SF contiguous space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $384.0k | $24.00 |
| − Vacancy | −$40.3k | −$2.52 |
| EGI | $343.7k | $21.48 |
| − OpEx | −$85.9k | −$5.37 |
| NOI | $257.8k | $16.11 |
16,000 SF · lease $24.00/SF/yr · vacancy 10.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.68M
$3.22M – $4.30M
NOI $257,760 @ 7.0% cap · market cap 6.97%
Second Best
Healthcare Medical
$3.19M
$2.79M – $3.72M
NOI $223,268 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,134 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Three-building office campus with courtyard space, drop ceilings, fire sprinklers, and 120 surface parking spaces.
Where is this office building located?
The property is located at 300 Kitty Hawk Rd Universal City, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Three‑building office campus on 3.99 acres at 300 Kitty Hawk Road in Universal City, TX; Total building size 32,914 SF (Class C): 15,267 SF, 8,875 SF, and 8,772 SF across three structures; C‑3 zoning with 17,351 SF available, including up to 15,267 SF contiguous space
