$5,310,000 USD
713-408-8555
16216 Moonrock Dr
Houston, TX 77062
Clear Lake
HIGHLIGHTS
- The new 20-year lease commenced in April 2025, allowing investors the opportunity to capitalize on nearly the entire lease term.
- Recently completed in early 2025, TLE provides investors with the opportunity to acquire a new Class A asset with low future capital expenditures.
- Located adjacent to NASA’s Johnson Space Center which employs 12,541 federal/contract employees throughout 163 facilities totaling nearly 4MSF.
- TLE is also neighboring the University of Houston Clear Lake, a four-year university with 8,137 students and more than 900 fulltime faculty and staff.
- Residents within a 3-mile radius of the Property earn an average household income of approximately $124,000 yearly.
- Clear Lake area is home to an affluent community surrounded by rooftops, as well as a multitude of industries, with 38.4SF of commercial space.
FOR SALE DETAILS
PRICE
$5,310,000 USD
PRICE/SF
$531 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.01 AC
LAND SF
87,381 SF
ZONING
None
APN/PARCEL ID
1397240010001
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713-408-8555
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713-408-8555
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