for sale

 
1308 Kingwood Dr.
Kingwood, TX 77339
Primary Use:

Medical / Professional

Area of Town:

Lake Houston Area - Kingwood

Building Size:

4,650 SF

Lot Size:

4,761 SF

List Price:

$800,000

Price/SF:

$172.04

Contact Broker

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Property Description

  • 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

FOR ADDITIONAL INFORMATION CONTACT:

ADAM MCALPINE, CCIM

Primary Listing Agent

 

Office: 281.973.4562

Email: adam@mi-cre.com

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