2410 Hamilton St Houston, TX 77004-1228

Property Details for 2410 Hamilton St

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.96 lot acres

Property size

21,075 SF

Property type

Office buildings

APN

190180000003

APU

190180000003

Description

This exceptional 21,075-square-foot Class B office building, located at 2410 Hamilton Street in Houston, Texas, presents a compelling net lease investment opportunity. Currently 100% occupied by a charter school under a 10-year lease (commencing June 30, 2019, and expiring June 29, 2029), this property boasts a remaining lease term of approximately 4.6 years. The building, constructed in 1984 and extensively renovated in 2021 with a $3.5 million investment in a new interior, features a two-story design on a 0.96-acre lot. The lease includes rent bumps, and the property benefits from a prime location just west of Interstate Highway 69, within Houston's Central Business District/Midtown area. This high-traffic area offers excellent visibility and easy access to major freeways (IH 69/Hwy 59/SH 288, IH 45, and IH 10). The surrounding neighborhood demonstrates strong demographics, with a 22.04% population growth within a three-mile radius since 2010 and an above-average household income exceeding $107,932. The property's recent renovations encompass electrical, mechanical, plumbing systems, and all interior building components. The 10-mile radius boasts a population exceeding 1,445,334 (2022 data), and the 5-mile radius shows an average household income exceeding $100,000 (2022 data). The substantial land value adds further investment appeal. This is a rare opportunity to acquire a stable, high-performing asset in a thriving Houston market. The lease includes a 60-month option.