Energy Corridor Offices | 14521 Old Katy Rd
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Energy Corridor Offices 14521 Old Katy Rd
36,000 SF 86% Leased Office Building Houston, TX 77079 $6,700,000 ($186/SF) 10.96% Cap Rate
Investment Highlights
- Irreplaceable 3.73 Acre Tract in Houston’s Energy Corridor
- Beautiful, Well-Maintained Office Buildings: Excellent for an Owner-User Purchaser or Investor
- Visibility on Interstate 10 (Katy Freeway) With 200,000-250,000 Vehicles Per Day
- Nearby Properties are Positioning for Major Development Projects
- Multiple Access Points With Connection to Katy Freeway’s Westbound Feeder Road and Highway 6 North
Executive Summary
• Irreplaceable 3.73 Acre Tract in Houston’s Energy Corridor. Package Includes Two Office Buildings.
• Nearby Properties are Positioning for Major Development Projects
• Beautiful, Well-Maintained Office Buildings: Excellent for an Owner-User Purchaser or Investor
• Multiple Access Points With Connection to Katy Freeway’s Westbound Feeder Road and Highway 6 North
• Visibility on Interstate 10 (Katy Freeway) With 200,000-250,000 Vehicles Per Day
• Nearby Properties are Positioning for Major Development Projects
• Beautiful, Well-Maintained Office Buildings: Excellent for an Owner-User Purchaser or Investor
• Multiple Access Points With Connection to Katy Freeway’s Westbound Feeder Road and Highway 6 North
• Visibility on Interstate 10 (Katy Freeway) With 200,000-250,000 Vehicles Per Day
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
36,000 SF
Building Class
B
Year Built
2008
Price
$6,700,000
Price Per SF
$186
Cap Rate
10.96%
NOI
$734,315
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,000 SF
Slab To Slab
11’
Building FAR
0.22
Lot Size
3.73 AC
Zoning
none
Parking
206 Spaces (5.72 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | 1268210010001 | Improvements Assessment | $3,146,555 |
| Land Assessment | $8,577,625 | Total Assessment | $11,724,180 |
PROPERTY TAXES
Parcel Number
1268210010001
Land Assessment
$8,577,625
Improvements Assessment
$3,146,555
Total Assessment
$11,724,180
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Energy Corridor Offices | 14521 Old Katy Rd
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