Three Kingwood Place 800 Rockmead Dr 53,903 SF 100% Leased Office Building Kingwood, TX 77339 For Sale




INVESTMENT HIGHLIGHTS
- 100% Leased by 26 tenants
- Extensive renovations completed in 2022 and 2023
- Rents ranging from $20 - $24/SF/YR
EXECUTIVE SUMMARY
McAlpine Interests is pleased to present 800 Rockmead Drive, a 53,574 SF office building within a four-building office park in Kingwood, TX.
800 Rockmead Drive consists of a two-story multi-tenant atrium office building situated on approximately 3.61 acres. Built in 1981, this property is well-maintained with extensive renovations in the amount of $1,503,991 completed in 2022 and 2023. The Property features lush trees, park-like surroundings and pathways, as well as ample parking with access to 605 parking spaces.
The building is currently 100% leased by 26 tenants with current annual rents ranging from approximately $20 -$24 per SF.
The Property features controlled access (24hrs cardkey access), security system and on-site patrolling in addition to on-site responsive management and building engineer.
Located on Rockmead Drive, just off Kingwood Drive, one of two primary eastwest thoroughfares in Kingwood. Immediate access to Interstate 69/Highway 59 and on-site parking make for an easy commute. Minutes from George Bush Intercontinental airport with easy access to Beltway 8, the Grand Parkway/State Highway 99. One of four buildings in one of the largest office parks in Kingwood. Numerous banks, hotels, restaurants, medical, and shopping are in the immediate area with close proximity to numerous premier golf courses.
800 Rockmead Drive consists of a two-story multi-tenant atrium office building situated on approximately 3.61 acres. Built in 1981, this property is well-maintained with extensive renovations in the amount of $1,503,991 completed in 2022 and 2023. The Property features lush trees, park-like surroundings and pathways, as well as ample parking with access to 605 parking spaces.
The building is currently 100% leased by 26 tenants with current annual rents ranging from approximately $20 -$24 per SF.
The Property features controlled access (24hrs cardkey access), security system and on-site patrolling in addition to on-site responsive management and building engineer.
Located on Rockmead Drive, just off Kingwood Drive, one of two primary eastwest thoroughfares in Kingwood. Immediate access to Interstate 69/Highway 59 and on-site parking make for an easy commute. Minutes from George Bush Intercontinental airport with easy access to Beltway 8, the Grand Parkway/State Highway 99. One of four buildings in one of the largest office parks in Kingwood. Numerous banks, hotels, restaurants, medical, and shopping are in the immediate area with close proximity to numerous premier golf courses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
53,903 SF
Building Class
B
Year Built
1981
NOI
$722,437
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
26,787 SF
Slab To Slab
11’
Building FAR
0.34
Lot Size
3.61 AC
Zoning
5
Parking
225 Spaces (4.2 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Property Manager on Site
- Security System
PROPERTY TAXES
Parcel Number | 6433-00-00900 | Improvements Assessment | $2,393,040 |
Land Assessment | $1,256,960 | Total Assessment | $3,650,000 |