26310 Oak Ridge Dr Spring, TX 77380
Two-story office building with 42 tenants near major thoroughfares.
Property Features for 26310 Oak Ridge Dr
General Information
- Standard status
- Active
- Size
- 21,320 SF
- Property subtype
- Office
Building Details
- Year Built
- 2014
Listing office eXp Realty (281) 723-3336
Listing date Nov 6, 2023
Source Crexi
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 eXp Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near I‑45, Hardy Toll Rd, and Grand Parkway.
- Proximity to amenities in The Woodlands.
- Two‑story office building with 42 tenants.
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 | $427.3k | $20.04 |
| − Vacancy | −$94.0k | −$4.41 |
| EGI | $333.3k | $15.63 |
| − OpEx | −$83.3k | −$3.91 |
| NOI | $249.9k | $11.72 |
