Presenting an exceptional investment opportunity at 1308 Kingwood Drive in Kingwood, TX, a distinguished medical/professional building featuring a lucrative long-term tenant.
Improvements consist of a 4,650 SF, Class B, 100% occupied, single-tenant medical/professional building located in a high income suberb of Houston, TX.
Built in 1983, the Property is part of a five building business park and features a glass exterior and a ~4.49/1,000 SF parking ratio in a shared business park lot
Currently 100% occupied by a psychiatry and counseling firm. Current annual rents are $20.00/SF/YR with $0.50 annual increases.
Location Details
Located on Kingwood Drive, one of two primary east-west 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 five buildings in an office park
Various restaurants, retail and medical in the immediate area