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    505 Friendswood Dr Friendswood, TX 77546

    For Lease
    $36 SF/Yr

    Prime Office Suites, Galveston County

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 100,000 square foot office building in Friendswood, Texas, offers a diverse range of spaces perfect for various business needs. Located at 505 S Friendswood Dr, 77546, in Galveston County, this property boasts multiple tenancy options, with two immediately available suites ranging from 1,176 to 3,738 square feet. The building is well-maintained and rarely experiences vacancies, reflecting its high desirability. The building's versatile design caters to a variety of office styles, including traditional, executive, medical, creative, and coworking spaces. Modern conveniences are readily available, including elevators for easy access to all floors. The building's prime location in Friendswood offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a prestigious and functional workspace. This is a rare opportunity to secure office space in a highly sought-after location. Contact us today to schedule a viewing and explore the possibilities for your business.

    Property Features for 505 Friendswood Dr

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF
    Total Rate
    300000

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,176 SF
    Rate per SF
    $36
    Space
    Suite 119
    Size
    3,738 SF
    Rate per SF
    $36

    HighLights

    • 100,000 SF Class A office building in Friendswood, TX.
    • Two immediately available suites (1,176 - 3,738 SF).
    • Four‑story building, the only one of its kind in downtown Friendswood.
    • 24/7 HVAC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dentistry 4 Children Pediatric Dentist HV Health and Safety ... Occupational Health Service Dr. Samantha Hu Dentist Law Office of Jeffrey ... Legal Services Bay Area Dental ... Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Friendswood
    County
    Galveston
    State
    Texas
    Longitude
    -95.198047750958
    Latitude
    29.52767094017

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    FAQs

    What type of property is this?
    Coworking space - Prime Office Suites, Galveston County
    Where is this coworking space located?
    The property is located at 505 Friendswood Dr Friendswood, TX.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 100,000 SF Class A office building in Friendswood, TX.; Two immediately available suites (1,176 - 3,738 SF).; Four-story building, the only one of its kind in downtown Friendswood.
    Request Owner's contact information
    505 Friendswood Dr Friendswood, TX 77546
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    Friendswood, TX 77546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 Friendswood Dr Friendswood, TX 77546
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