Marcus & Millichap is pleased to present the opportunity to acquire a 100 percent fee simple interest in a stabilized state-of-the art newly completed office business park in Spring (Houston MSA) Texas. The Offices on Dowdell are located at the intersection of Kuykendahl Road, a major thoroughfare connecting The Woodlands, Texas to the Grand Parkway (Highway 99, Houston’s latest outer loop), and Dowdell Road. The area’s growing population provides the tenants in the office park access to an abundance of amenities.
The Offices on Dowdell represents a modern, newly-built office park positioned in one of North Houston’s fastest-growing suburban corridors, offering investors a diversified tenant roster of 14 companies. The property is 100 percent leased and consists of nine (9) standalone office buildings comprised of high-quality construction, energy-efficient systems, and turnkey interiors that have attracted professional and medical users seeking private suites with direct access to the ample surface parking without having to maneuver large building garages and elevators.
The Offices on Dowdell is a proven office concept for area suburban decision makers seeking an office close to home.
The strategic location near major thoroughfares supports consistent demand, while the small-suite format aligns with a resilient segment of the office market that continues to perform well despite multi-tenant mid-rise office buildings softness. With competitive rental rates, limited capital expenditure needs, and various suite sizes, the asset provides a balanced opportunity for investors looking for predictable income, modern infrastructure, and exposure to a growing suburban market.