713-231-1627
5616 Lawndale St, Houston, TX for Sale
Medical - FOR SALE
1/25
null | Request Cap Rate

5616 Lawndale St
Houston, TX 77023
Lawndale-Wayside


HIGHLIGHTS

  • 2-story office/medical/flex building: ±95,746 SF on ±4.68 acres
  • ±35,000 SF is medical/dental space
  • 316 parking spaces: 3.35/1000 SF ratio
  • The only office/medical/flex building for sale within 3 mile radius
  • Building and monument signage available
  • Lease possible for long term +20,000 SF user

OVERVIEW

Very well-maintained ±95,746 SF office/medical/flex space on ±4.68 acres in Houston’s historic East End District, located approximately 1 mile from I-45 South and one block west of Gus Wortham Park and Wayside at Lawndale intersection. The building was completely renovated in 2015 to include ±35,000 SF of medical/dental/office areas. There are multiple conference rooms, a large kitchen area on the second floor, an elevator, and windows in nearly every office. The tree-lined parking area is distinctive and compliments the nearby Villa De Matel grounds as well as Gus Wortham Park. This is a rare opportunity for an owner-user to acquire a well-maintained flex building in Houston’s historic East End, a densely populated and culturally significant area within Houston’s Inner Loop.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

316

LAND DETAILS

LAND ACRES

4.68 AC

LAND SF

203,861 SF

ZONING

None

APN/PARCEL ID

0660850010010,0660850010021,0660850010022,0660850010024,0690370000020,1253800010001,1253800020001

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713-231-1627

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713-231-1627

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