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This exceptional investment opportunity presents a fully leased, two-story, 53,574 square foot Class B office building situated on a 3.61-acre lot in the thriving Kingwood, Texas area. The property, built in 1981 and extensively renovated in 2022 and 2023 ($1,503,991 invested), boasts a multi-tenant occupancy of 26 tenants with current annual rents ranging from $20 to $24 per square foot. The building features a desirable atrium design, ample parking (605 spaces), controlled 24-hour cardkey access, a security system, and on-site patrolling, along with responsive management and a building engineer. Its prime location on Rockmead Drive, just off Kingwood Drive, provides easy access to Interstate 69/Highway 59, George Bush Intercontinental Airport, Beltway 8, and the Grand Parkway/State Highway 99. The property is part of a larger four-building office park, offering a strong presence within Kingwood's established business community. Nearby amenities include numerous banks, hotels, restaurants, medical facilities, shopping centers, and premier golf courses. This well-maintained property offers a stable income stream and significant potential for future growth, making it an attractive investment opportunity in a highly desirable location. The property includes lush landscaping and park-like surroundings with pathways.
Highlights
100% leased, 26-tenant Class B office building.
Annual rents range from $20 to $24 per square foot.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.