7070 W 43rd St - Office FOR SALE


Houston, TX 77092- Fairbanks-Northwest Crossing
$1,250,000 USD
832-524-4220
7070 W 43rd St, Houston, TX for Sale
$1,250,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

NEW



OVERVIEW

Great opportunity for owner occupant to run their business while collecting rent. 2500' space upstairs for owner to occupy and perfect for a real estate, law, insurance or other business that can fill up space now while collecting rent and have room for expansion as the business grows. Current owner is a real estate broker but has never occupied the building so an owner occupant could have more success keeping the building full. Currently 40% occupied after large tenant needed more space and left so owner has not back filled leaving that space open for owner occupant. Easy to maintain with standing seam metal roof, 4 restrooms, 6 zones of HVAC and recent flooring all replaced downstairs. Owner financing for strong financial tenant with 20% down, 9.5% interest with 3-5 year balloon.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

None

APN/PARCEL ID

0750730000024

ASK ABOUT THIS PROPERTY

Russell SimmonsTexas Area PropertiesMore Info
832-524-4220

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Russell SimmonsTexas Area PropertiesMore Info
832-524-4220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.