Contacts

Francois Le

LE Commercial Real Estate

Property Details

Property Type Industrial - Manufacturing
Property Size 9,525 SF
Units 3
Lot Size 0.46 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Year Built 1979
Year Renovated 2022
Date Updated Apr 23, 2024
HVAC None

Subject Property is strategically located in the heart of Spring Branch, directly adjacent to the Memorial Management District and Hedwig Village. The District composes of over 17 million square feet of commercial and industrial space, including major companies such as Memorial Herman, Microsoft, and many major companies. Spring Branch has experienced significant gentrification over the past few years due to the demand for high-priced family homes from the economic success of the Memorial Management District. Homes in the immediate area and adjacent subdivisions are selling in the million-dollar ranges. The expansion of Memorial district is growing and expanding eastward into the Spring Branch market. Timber Trace Townhomes has excellent access and commute times to major Houston's economic hub, such as the Galleria, Downtown, Energy Corridor, and Westchase District.LE Commercial is pleased to present the exclusive sale of 1212 Cedar Post located in the heart of Spring Branch. This is an excellent investment opportunity to acquire a renovated industrial flex office warehouse located in one of Houston's most high demand rental and sales submarket with growth that is projected to be the fastest submarket in Houston MSA. The subject property is effective rents are lower than the average Houston metropolitan asking rate, allowing an investor to increase the NOI by providing additional cash flow and property value growth from annual increasing rental rates. An investor has opportunity to acquire a rare investment that benefits from gentrification through increased land value to boast to exceed over $100.00 per square feet as seen historically in Houston urban submarkets.HVAC controlled office/warehouse spaces.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

• Rare Irreplaceable Asset Offering
• Urban Infill Area with Increasing Land Value in Immediate Area (Sold Comps $60 Per Square Foot) with Houston's Urban Land Sold Comparables Ranging from $80-$125 Per Square Foot
• Excellent Value Add Investment Opportunity & Irreplaceable Asset
• Significant Capital Expenditure

Getting around

64/100
Walk Score ®
35/100
Transit Score ®
54/100
Bike Score ®

Powered by Walk Score ®

Location

City Houston, TX
Neighborhood Spring Branch West
Zip Code 77055
Market Houston

Points of Interest

Hermann Park/Rice U

9.14 miles
Dryden/TMC

9.18 miles
Museum District (southbound)

9.21 miles
Museum District (northbound)

9.27 miles
TMC Transit Center

9.32 miles
Lindale Park

9.32 miles
Northline Transit Center/HCC

9.32 miles
Melbourne/North Lindale

9.34 miles
Cavalcade

9.35 miles
M. D. Anderson Station

9.37 miles

Shell

0.25 miles
Conoco

0.30 miles
Costco Gasoline

0.32 miles
H-E-B Fuel

0.60 miles
Valero

0.89 miles
Phillips 66

1.21 miles
Siemens

2.22 miles
Blink

3.05 miles
Tesla Supercharger

3.80 miles
ChargePoint

4.61 miles

H-E-B Car Wash

0.60 miles
Mister Car Wash

1.23 miles
Enterprise

1.47 miles
ecurie25 Supercar Club

2.40 miles
Wash

3.60 miles
Avis

3.84 miles
Budget

3.84 miles
Uptown Car Wash

4.32 miles
Stop n Wash

4.82 miles
Hertz

5.05 miles

Sonic

0.21 miles
Papa Yu

0.25 miles
Pho I-10

0.26 miles
Wingstop

0.26 miles
Lupe Tortilla

0.41 miles
McDonald's

0.45 miles
Buffalo Wild Wings

0.47 miles
Subway

0.47 miles
La Fiesta Restaurant & Cantina

0.54 miles
Korea Restaurent

0.56 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.