25010 Oakhurst Dr
Spring, TX 77386

Approx. 14,000 SF Modern Office Building has been continuously renovated over its life. Located just off the I-45 & Rayford Road, the tenants have easy access to the high traffic corridor between Houston & the Woodlands.  The property features a beautiful full-glass 2-story entry with a wrought-iron stairway and travertine flooring, a CAT 5 fiberoptic WiFi /Telecommunications system hosting very fast internet speeds, 1 elevator, monument signage, security system & mature landscaping.  It also has controlled 24-hour access and consists of 6 suites.  Five (5) have individually controlled AC/Heat & 3 have private restroom(s).  There are 8 restrooms in total, 2 of which are public.  Offices are either carpeted or have nice parquet flooring throughout.   The largest suite has a private balcony outside overlooking the street.  The property has a current occupancy rate of 90% with plenty of parking for tenants.  It has been occupied by owner-related businesses in the past, many of which have been sold off and the leases assumed.  Proximity to I-45 encourages continued high occupancy rates.  Current leases do not contain Triple Net provisions, but as leases renew, new owners can significantly increase ROA over the life of the property by converting to NNN leases.  However, even at gross leases, this property currently offers a 7.16% Cap Rate/ROA.