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12012 Wickchester Ln
Houston, TX 77079 Energy Corridor

$17,912,000 USD

Office For Sale  •  110,181 SF

Property Details

  • Property Type Office
  • Total Building Size 110,181 SF
  • Lot Size 3.72 AC
  • Building Class A
  • Year Built 1983
  • Tenancy Multiple
  • Zoning F1
20 Transit Score
27 Walk Score

Highlights

Priced below replacement cost and equivalent to recent comps
4 Years WALT Diversified tenancy with staggered lease expirations
9.06% In-place lease rates 9.06% below market
Secure in-place cash flow with upside rent growth opportunity
Substantial discount to replacement cost
Significant CAPEX investment of +/- $1,481,424 for HVAC, Elevators, Lobbies, Corridors, LED Lighting, Signage, Parking, Landscaping and Patio Improvs.

Property Flyers

Amenities

  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Food Service
  • Property Manager on Site
  • Restaurant
  • Security System
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
William P Hobby 43 min - 28.0 mi
George Bush Intcntl/Houston 38 min - 29.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
James Dountas 505-837-4955 CBRE, Inc.
James Dountas 505-837-4955 CBRE, Inc.