5009 Caroline St | Houston, TX 77004
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This Office Property is no longer advertised on LoopNet.ca.
5009 Caroline St
Houston, TX 77004
The Learning Experience · Office Property For Sale
Investment Highlights
- The brand new 15-year Absolute NNN lease will commence in September 2024, allowing investors the opportunity to capitalize on the entire lease term.
- Located in the Museum District, which attracts over 8.7M visitors annually, and is long-considered one of the most sought-after districts in Houston.
- Located 3 minutes from the Property, the Ion District will become Houston’s mixed-use destination, comprising 12 blocks upon completion.
- Featuring rare 3% annual rent increases, (2) 5-year options, and zero LL responsibilities, the Property provides a long-term, passive investment.
- Irreplaceable Urban Infill Location | High Barriers to Entry | Tucked Away in the Middle of Everything
- The Learning Experience is a recognized leader in the daycare and early education industry with 600+ centers and 22% revenue growth over last 5 years.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
17,399 SF
Building Class
C
Year Built/Renovated
1965/2024
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,700 SF
Building FAR
0.51
Lot Size
0.78 AC
Zoning
None
Parking
48 Spaces (2.76 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
PROPERTY TAXES
Parcel Number | 0332510020005 | Improvements Assessment | $224,195 |
Land Assessment | $3,920,626 | Total Assessment | $4,144,821 |
PROPERTY TAXES
Parcel Number
0332510020005
Land Assessment
$3,920,626
Improvements Assessment
$224,195
Total Assessment
$4,144,821
Listing ID: 32640627
Date on Market: 2024-07-31
Last Updated:
Address: 5009 Caroline St, Houston, TX 77004
The Office Property at 5009 Caroline St, Houston, TX 77004 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
Office PROPERTIES IN NEARBY NEIGHBORHOODS
- Southwest Houston Medical Offices
- East End Houston Medical Offices
- Northeast Houston Medical Offices
- Sharpstown Medical Offices
- Chinatown Medical Offices
- Greenway-Upper Kirby Medical Offices
- The Museum District Medical Offices
- Midtown Houston Medical Offices
- Meyerland Area Medical Offices
- Medical Center South Medical Offices
- Golfcrest Medical Offices
- Woodlake-Briar Meadow Medical Offices
- Uptown Houston Medical Offices
- Montrose Medical Offices
- Greater Heights Medical Offices
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