12012 Wickchester Ln - Office FOR SALE
Houston, TX 77079 |
12012 Wickchester Ln
Houston, TX 77079
HIGHLIGHTS
- Priced below replacement cost and equivalent to recent comps
- 4 Years WALT Diversified tenancy with staggered lease expirations
- 9.06% In-place lease rates 9.06% below market
- Secure in-place cash flow with upside rent growth opportunity
- Substantial discount to replacement cost
- Significant CAPEX investment of +/- $1,481,424 for HVAC, Elevators, Lobbies, Corridors, LED Lighting, Signage, Parking, Landscaping and Patio Improvs.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Wickchester Center
PROPERTY TYPE
Office
ADD'L SUBTYPES
Loft/Creative Space, Medical, Office/Residential
TOTAL BUILDING SIZE
110181
STORIES
6
BUILDING CLASS
A
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
400
LAND DETAILS
LAND ACRES
3.72 AC AC
LAND SF
162,043 SF
ZONING
-
APN/PARCEL ID
1147970000013
