200 Valleywood RdSpring, TX 77380

For Sale
$4,500,000

Executive Suites, High NOI, 20,278 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional one-story, 20,278 square foot office building in The Woodlands, Texas, presents a compelling investment opportunity. Built in 2000, the Class B property boasts eight units and is situated on a 2.558-acre lot. The building features a tranquil interior courtyard with a koi pond, keypad-controlled access, gated entry, and ample parking, including covered reserved spaces. Its prime location offers easy access to I-45, the Hardy Toll Road, and City Place, while being only 20 minutes from George Bush Intercontinental Airport (IAH). The property currently generates a 7.80% cap rate with a NOI of $351,302, and a pro-forma cap rate of 8.60% with a pro-forma NOI of $385,680. The asking price is $4,500,000, translating to $221.92 per square foot. This well-maintained building is ideal for a variety of uses, including executive, medical, and traditional office spaces. The property's strong financials and convenient location make it an attractive investment prospect.

Highlights

  • $4,500,000 asking price for a 20,278 square foot office building.
  • Located at 200 Valleywood Rd, The Woodlands, TX 77380, on a 2.558-acre lot.
  • Class B office building, built in 2000, with one story and eight units.
  • Features a 7.80% cap rate and a pro-forma cap rate of 8.60%, with a NOI of $351,302 and a pro-forma NOI of $385,680.
  • Price per square foot is $221.92.
  • Excellent location, one block from I-45, near Hardy Toll Road and City Place, and 20 minutes from IAH Airport.

Property Details for 200 Valleywood Rd

Property type
Other office properties, Medical offices
Square Feet
20,278 SF
Class
B
Year Built
2000
Buildings
1
Stories
1
Lot Size (sq. ft)
111,426 SF
Units
8

Location Insight

City
Spring
County
Montgomery
State
Texas
Latitude
30.134903007318
Longitude
-95.447458351954
200 Valleywood Rd, Spring, Texas

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200 Valleywood Rd
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