Office
The Offices on Dowdell
7630 Dowdell Rd, Spring, TX 77389
Listing Price: Request For Offer
Investment Overview
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 diversified tenant roster of 14 companies. The property is 100 percent leased and consists of nine standalone office buildings with high-quality construction, energy-efficient systems, and turnkey interiors that have attracted professional and medical users seeking direct access to each suite from the outdoors.
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 flexible options for leasing the asset provides a balanced opportunity for investors looking for predictable income, modern infrastructure, and exposure to a growing suburban market.
Investment Highlights
- The Offices on Dowdell is one of the most modern set of standalone office structures in the surrounding area, with no comparable competition nearby.
- Kuykendahl Road provides unmatched access from two points of ingress/egress to the office complex as well as direct access from Dowdell Road.
- The office complex presents a rare chance for an investor to establish a flagship investment in the heart of this rapidly growing area near The Woodlands, Texas.
- Newly constructed in phases over the last 2.5 years, the 100 percent leased office complex, offers an investor with the latest in high quality materials and energy-efficient systems without any deferred maintenance.
- All leases are structured as NNN leases with each tenant's rent increasing by $.50/SF/YR with automatic annual rent increases of the same amount in their next lease renewal period.
- A stabilized, income producing investment, allows an investor to avoid the heavy lifting of leasing and capex and enjoy strong cash flow from day one.
- The tenant mix includes a title company, contractors, health and wellness and other professional businesses.
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- The Offices on Dowdell is one of the most modern set of standalone office structures in the surrounding area, with no comparable competition nearby.
- Kuykendahl Road provides unmatched access from two points of ingress/egress to the office complex as well as direct access from Dowdell Road.
- The office complex presents a rare chance for an investor to establish a flagship investment in the heart of this rapidly growing area near The Woodlands, Texas.
- Newly constructed in phases over the last 2.5 years, the 100 percent leased office complex, offers an investor with the latest in high quality materials and energy-efficient systems without any deferred maintenance.
- All leases are structured as NNN leases with each tenant's rent increasing by $.50/SF/YR with automatic annual rent increases of the same amount in their next lease renewal period.
- A stabilized, income producing investment, allows an investor to avoid the heavy lifting of leasing and capex and enjoy strong cash flow from day one.
- The tenant mix includes a title company, contractors, health and wellness and other professional businesses.
Investment Overview
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 diversified tenant roster of 14 companies. The property is 100 percent leased and consists of nine standalone office buildings with high-quality construction, energy-efficient systems, and turnkey interiors that have attracted professional and medical users seeking direct access to each suite from the outdoors. 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 flexible options for leasing the asset provides a balanced opportunity for investors looking for predictable income, modern infrastructure, and exposure to a growing suburban market.
Exclusively Listed By
Financing By