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255 Ed English Dr

15,000 SF Office Building Shenandoah, TX 77385 For Sale

Executive Summary

Recently renovated, 15,000 SF, Fully Occupied Medical/Professional Office building, at the heart of one of Houston’s fastest growing suburbs. Roughly 30 miles north of Houston on I-45, in The Woodlands, Texas, a highly sought after market, is renowned for its master planning, extensive dining and shopping, as well is one of the most significant medical districts outside of the Texas Medical Center in Houston. Centered among several major hospitals including Memorial Hermann, CHI St Luke’s, Texas Children’s, and Houston Methodist, the mostly medical property is the idea location for sustaining high occupancy and high retention rates among the highly sought after medical tenant. The full renovation and repurposing of the property was completed in 2024, as a multi-tenant medical/ professional office building, and consisted of complete resurfacing of building shell, including building facade and roof. The interiors been modernized, including electrical, plumbing, and a majority of the HVAC systems. Finished in a sophisticated modern design carried through out the building including all tenant spaces. The first floor offers approximately 10,300 SF, and comprised of three medical tenants spaces as well as a shared open lobby/ waiting room concept. The second floor, consisting of approximately 4,600 SF currently serves as lease space to a 2,000 SF Yoga Studio, with the remaining space utilized for mechanical and common area that could be reconfigured to allow for approximately 2,600 SF of owner occupied use, or additional lease space. upon completion of the renovations, building was reclassified as office use that creates enough parking should remaining space be utilized as additional office space.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
15,000 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.40
Lot Size
0.87 AC
Zoning
F1 - Commercial
Parking
50 Spaces (4.79 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Open-Plan
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0389-01-00406
Land Assessment
$570,030
Improvements Assessment
$1,229,970
Total Assessment
$1,800,000
  • Listing ID: 33070554

  • Date on Market: 8/7/2024

  • Last Updated:

  • Address: 255 Ed English Dr, Shenandoah, TX 77385

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