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Office

Shadow Wood Office & Warehouse

10615 Shadow Wood Dr, Houston, TX 77043

Listing Price: $4,985,000

Cap Rate
8.46%
Gross SF
41,880
Rentable SF
41,880
Price/Gross SF
$119.03
Lot Size
2.13 acres
Year Built
1982

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale the Shadow Wood Office & Warehouse Building, located at 10615 Shadow Wood Drive, conveniently located one block from Beltway 8 and minutes from Interstate 10 in West Houston. The Subject Property features approximately 16,000 square feet of warehouse space and approximately 26,103 square feet of office space. The investment offering is listed for sale for $4,985,000.00, which provides an investor an un-leveraged return of a 8.46 percent CAP rate. With proposed financing, an investor may yield greater than a 12 percent Cash-on-Cash return. The warehouse is 100 percent air conditioned with 40 tons of HVAC, and features 25’ 9” foot clear height, tilt wall construction, dock and grade level height doors, exterior security lighting, a quiet, clean environment with well-kept landscaping, and a 1,270 square foot office within the warehouse. The two-story office building is equipped with an elevator and lobbies on the first floor and second floor. Suite sizes vary from 270 square feet to 8,575 square feet. Most suites range from 1,000 to 3,000 square feet. The Property features ample parking, including covered parking options, exterior security lighting, controlled access and security cameras, and beautiful landscaping.

Investment Highlights

  • Two Story Office Building with Elevator
  • Air-Conditioned Warehouse Building
  • Tilt Wall Construction
  • 25' 9" Foot Clear Height
  • Doc and Grade Height Doors
  • One Block from Beltway 8
  • Minutes from Interstate 10
  • Clean, Quiet Environment With Beautiful Landscaping

Exclusively Listed By

Office

Shadow Wood Office & Warehouse

Listing Price: $4,985,000

Cap Rate
8.46%
Gross SF
41,880
Rentable SF
41,880
Price/Gross SF
$119.03
Lot Size
2.13 acres
Year Built
1982

Investment Highlights

  • Two Story Office Building with Elevator
  • Air-Conditioned Warehouse Building
  • Tilt Wall Construction
  • 25' 9" Foot Clear Height
  • Doc and Grade Height Doors
  • One Block from Beltway 8
  • Minutes from Interstate 10
  • Clean, Quiet Environment With Beautiful Landscaping

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale the Shadow Wood Office & Warehouse Building, located at 10615 Shadow Wood Drive, conveniently located one block from Beltway 8 and minutes from Interstate 10 in West Houston. The Subject Property features approximately 16,000 square feet of warehouse space and approximately 26,103 square feet of office space. The investment offering is listed for sale for $4,985,000.00, which provides an investor an un-leveraged return of a 8.46 percent CAP rate. With proposed financing, an investor may yield greater than a 12 percent Cash-on-Cash return. The warehouse is 100 percent air conditioned with 40 tons of HVAC, and features 25’ 9” foot clear height, tilt wall construction, dock and grade level height doors, exterior security lighting, a quiet, clean environment with well-kept landscaping, and a 1,270 square foot office within the warehouse. The two-story office building is equipped with an elevator and lobbies on the first floor and second floor. Suite sizes vary from 270 square feet to 8,575 square feet. Most suites range from 1,000 to 3,000 square feet. The Property features ample parking, including covered parking options, exterior security lighting, controlled access and security cameras, and beautiful landscaping.

Exclusively Listed By

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