1600 Lake Front Cir, Spring, TX 77380
22,142 SF office building on 1.98 acres.
- Added:
- Sep 9, 2023
- Days on Market:
- 1032
- Last Refresh:
- Jul 4 at 10:07 pm
Property Features for 1600 Lake Front Cir
General Information
- Standard status
- Active
- Size
- 22,142 SF
- Lot size
- 1.98 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing office SVN | J. Beard Real Estate - Greater Houston (281) 367-2220
Listing date Sep 9, 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 SVN | J. Beard Real Estate - Greater Houston
HighLights
- 22,142 square foot class C office building
- Located in The Woodlands, TX
- Situated on approximately 1.98 acres
- Built in 1983
Overview
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 | $674.9k | $30.48 |
| − Vacancy | −$192.3k | −$8.69 |
| EGI | $482.5k | $21.79 |
| − OpEx | −$120.6k | −$5.45 |
| NOI | $361.9k | $16.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Harris
- State
- Texas
- Longitude
- -95.4685
- Latitude
- 30.1344
