26410 Oak Ridge Dr Spring, TX 77380
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8,000 SF Office Building - 7.61% Cap Rate
Property size:
8,000 SFProperty Features for 26410 Oak Ridge Dr
General Information
- Property type
- Medical offices
- Square Feet
- 8,000 SF
- Class
- B
Building Details
- Year Built
- 2016
- Buildings
- 1
- Stories
- 1
Listing Agency: Houston International Realty Listing Agent: Richard Foulkes
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 8,000-square-foot Class B office building, located at 26410 Oak Ridge Dr, Spring, TX 77380, presents a compelling investment opportunity. Built in 2016, this single-story structure boasts a desirable location in the Woodlands area, offering convenient access to major thoroughfares and amenities. Currently operating under a triple-net lease (NNN) agreement, the property features a multi-tenant occupancy of approximately 60%, with a diverse tenant base representing the insurance, financial, and medical sectors. The asking price is $2,290,000, translating to a price per square foot of $286.25 and an attractive 7.61% capitalization rate. The property is zoned for commercial use and offers significant potential for owner-occupancy, should the buyer desire. With 8,000 square feet of net rentable space, this property provides ample room for expansion or consolidation. The building is situated in Montgomery County and is expected to reach full occupancy by July 10, 2024. This is a rare opportunity to acquire a well-located, income-producing office building with strong potential for future growth. The property's diverse tenant mix ensures a stable income stream, making it an ideal investment for both seasoned and emerging investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mrs. Kara Lewis
Physician
Anthem Executive | Search ...
Employment Agency
Jung Hun Song
Alternative Medicine Practice
Med Alert International ...
Physician
Allied Wealth: Ryan ...
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4484098
- Latitude
- 30.1454739
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FAQs
What type of property is this?
Medical office - 8,000 SF Office Building - 7.61% Cap Rate
Where is this medical office located?
The property is located at 26410 Oak Ridge Dr Spring, TX.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Excellent Woodlands location with owner-occupancy potential.; Strong tenant base: 60% occupancy by insurance, financial, and medical professionals.;