26310 Oak Ridge Dr Spring, TX 77380
- Commercial real estate
- 21,320 SF
Current Use by Public Records
- Woodsedge Properties / Real Estate Agency
- Mary Eliz Permanent Cosmetics / Tattoo Artist / Permanent Make-Up Clinic
- OnlineSpineRehab.com / Physical Therapy Clinic / Health Consultant
- James Co. / Corporate Office
- Good Insights Counseling / Mental Health Service
Property Details for 26310 Oak Ridge Dr
- Year built
- 2014
- Property size
- 21,320 SF
- Property type
- Commercial real estate
Description
This exceptional two-story, Class B office building in Spring, TX, offers a compelling investment opportunity. Boasting 21,320 square feet, the property features 18,000 net rentable square feet and is currently 95% occupied by 42 tenants, with only one vacancy. Built in 2014, the building sits on a 1.08-acre lot (47,164 sq ft) and benefits from a modified lease structure. The asking price is $5,500,000, representing a $257.97 price per square foot and a 5.10% cap rate. The owner currently occupies approximately 1,000 square feet. Strategically located in The Woodlands area, this property enjoys high visibility and easy access to major roadways including I-45, Hardy Toll Road, and the Grand Parkway. The prime location within The Woodlands, consistently ranked among the nation's best cities for homebuyers, families, and overall quality of life, ensures strong tenant demand and future growth potential. This presents a rare chance to acquire a well-maintained, high-performing asset in a thriving market with significant upside potential for rental income. The property's strong occupancy rate and desirable location make it an attractive investment for both seasoned and emerging investors seeking a stable and appreciating asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4481744
- Latitude
- 30.1439434