Office

Computech Building

Listing Price: $1,860,000

Gross SF
23,971
Rentable SF
23,971
Price/Gross SF
$77.59
Lot Size
1.17 acres
Year Built
1981

Investment Overview

Marcus & Millichap is proud to present the Computech Building, a two-story suburban office building located in Houston, Texas. This office building is situated on a 1.17-acre parcel (50,800 square feet) and offers approximately 23,691 square feet of rentable space. The Computech Building was built in 1981 and is 95 percent vacant with one long term tenant that leases approximately 1500 square feet at below market rents. Computech Building is an excellent value-add investment opportunity for an investor looking for upside in leasing and occupancy. This asset is positioned to be well received and strongly sought after by owner users and investors alike.

The Computech Building is located directly on Cypress Creek Parkway, which has high traffic counts of over 45,000 Vehicles Per Day (VPD). There is a strong professional, residential, and commercial presence in the immediate area. Additionally, this property has proximity to Interstate-45, Sam Houston Toll Way and Highway 249. The property is conveniently located near Bush Intercontinental Airport. Located in the Northwest corridor of Houston, the Computech Building is easily accessible for employees, customers, and investors.

The Computech Building has been adequately maintained and provides professional curb appeal, high signage opportunities, and ample parking. There are approximately 40 surface parking spaces providing for a healthy parking ratio of 3.50 parking spaces for every 1,000 square feet of rentable space. This building offers the opportunity to earn high yields due to a competitive rental market with attractive rents. The interior of the building consists of private offices and open floor space allowing for a wide range of uses.

Investment Highlights

  • Proximity To National Retailers: Home Depot, Walmart, Willow Brook Mall
  • Excellent Suburban Owner-User Or Investment Opportunity
  • 23,971 Gross SF on a 1.17-Acre Lot
  • Easy Access From Cypress Creek Pkwy and Falling Creek Drive
  • 40 free Surface Spaces; Ratio of 3.50/1,000 SF
  • Walk Score (81)

Exclusively Listed By

Listing Price: $1,860,000

Gross SF
23,971
Rentable SF
23,971
Price/Gross SF
$77.59
Lot Size
1.17 acres
Year Built
1981

Investment Highlights

  • Proximity To National Retailers: Home Depot, Walmart, Willow Brook Mall
  • Excellent Suburban Owner-User Or Investment Opportunity
  • 23,971 Gross SF on a 1.17-Acre Lot
  • Easy Access From Cypress Creek Pkwy and Falling Creek Drive
  • 40 free Surface Spaces; Ratio of 3.50/1,000 SF
  • Walk Score (81)

Investment Overview

Marcus & Millichap is proud to present the Computech Building, a two-story suburban office building located in Houston, Texas. This office building is situated on a 1.17-acre parcel (50,800 square feet) and offers approximately 23,691 square feet of rentable space. The Computech Building was built in 1981 and is 95 percent vacant with one long term tenant that leases approximately 1500 square feet at below market rents. Computech Building is an excellent value-add investment opportunity for an investor looking for upside in leasing and occupancy. This asset is positioned to be well received and strongly sought after by owner users and investors alike.

The Computech Building is located directly on Cypress Creek Parkway, which has high traffic counts of over 45,000 Vehicles Per Day (VPD). There is a strong professional, residential, and commercial presence in the immediate area. Additionally, this property has proximity to Interstate-45, Sam Houston Toll Way and Highway 249. The property is conveniently located near Bush Intercontinental Airport. Located in the Northwest corridor of Houston, the Computech Building is easily accessible for employees, customers, and investors.

The Computech Building has been adequately maintained and provides professional curb appeal, high signage opportunities, and ample parking. There are approximately 40 surface parking spaces providing for a healthy parking ratio of 3.50 parking spaces for every 1,000 square feet of rentable space. This building offers the opportunity to earn high yields due to a competitive rental market with attractive rents. The interior of the building consists of private offices and open floor space allowing for a wide range of uses.

Exclusively Listed By

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