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7601 W Sam Houston Pky S
Houston, TX 77072
For Sale | Compelling Investment | 650 & 700 · Retail Property For Sale
EXECUTIVE SUMMARY
This is a packaged property portfolio for suite 650 & 750, with the size of 1504 SF and 2649 SF respectively.
-Parkwood Plaza, presents a compelling investment opportunity for both owner-users and investors.
-Property Type: Retail Condominium
-Subtype: Storefront
-Use Case: Ideal for medical practices or retail businesses
-Prime Positioning: Situated along a major thoroughfare with excellent access to Beltway 8, enhancing visibility and accessibility
-Surrounding Amenities: The area boasts a mix of commercial and residential developments, providing a steady flow of potential customers
Established Tenancy
-Medical Tenants: The property houses reputable medical practices, including the Minimally Invasive Brain and Spine Institute and Dental Smiles, indicating suitability for healthcare-related businesses
-Retail Presence: Retail tenants like Misora Bridal Boutique contribute to a diverse tenant mix, attracting varied customer.
Investment Potential
-Versatility: The property's design accommodates both medical and retail uses, offering flexibility to investors
-Income Generation: With existing tenants and the option for owner occupancy, investors can benefit from immediate rental income or utilize the space for their own business operations
-Market Demand: The demand for medical office spaces in Houston remains strong, positioning this property as a valuable asset in a growing market
-Parkwood Plaza, presents a compelling investment opportunity for both owner-users and investors.
-Property Type: Retail Condominium
-Subtype: Storefront
-Use Case: Ideal for medical practices or retail businesses
-Prime Positioning: Situated along a major thoroughfare with excellent access to Beltway 8, enhancing visibility and accessibility
-Surrounding Amenities: The area boasts a mix of commercial and residential developments, providing a steady flow of potential customers
Established Tenancy
-Medical Tenants: The property houses reputable medical practices, including the Minimally Invasive Brain and Spine Institute and Dental Smiles, indicating suitability for healthcare-related businesses
-Retail Presence: Retail tenants like Misora Bridal Boutique contribute to a diverse tenant mix, attracting varied customer.
Investment Potential
-Versatility: The property's design accommodates both medical and retail uses, offering flexibility to investors
-Income Generation: With existing tenants and the option for owner occupancy, investors can benefit from immediate rental income or utilize the space for their own business operations
-Market Demand: The demand for medical office spaces in Houston remains strong, positioning this property as a valuable asset in a growing market
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
30,000 SF
Building Class
C
Year Built
2005
Price
$950,000
Price Per SF
$31.67
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
3.00 AC
Zoning
F1
Parking
105 Spaces (39.64 Spaces per 1,000 SF Leased)
Frontage
25’ on Beltway 8
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $688,340 | |
| Land Assessment | $269,385 | Total Assessment | $957,725 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$269,385
Improvements Assessment
$688,340
Total Assessment
$957,725
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