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5616 Lawndale St
Houston, TX 77023

Plaza Santa Clara · Office Property For Sale

Investment Highlights

  • Premier Mixed-Use and/or Owner-User Opportunity in Houston's East End
  • In-Place NNN Medical Tenancy with Escalating Base Rents
  • Covered Land Play on Nearly 5 Acres in Gentrifying Area - Assembled Land Value Estimated at Over $8MM
  • 95,746 SF Medical/Flex Office Recently Rebuilt from the Steel Framing
  • $2.6MM Pro Forma NOI based on Current In-Place Rents
  • 100% Sprinklered Throughout | Heavy Power: 3-Phase 480/240/120

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
95,746 SF
Building Class
B
Year Built/Renovated
1958/2005
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
47,873 SF
Slab To Slab
13’
Building FAR
0.47
Lot Size
4.68 AC
Zoning
None - N/A
Parking
316 Spaces (3.3 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Bio-Tech/ Lab Space
  • Bus Line
  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Golf Course
  • Property Manager on Site
  • Signage
  • Natural Light
  • Open-Plan
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0660850010024
  • 0690370000020
  • 1253800010001
  • 1253800020001
  • 0660850010021
  • 0660850010022
  • 0660850010010
Land Assessment
$2,884,841
Improvements Assessment
$7,057,121
Total Assessment
$9,941,962
  • Listing ID: 23689189

  • Date on Market: 2021-07-15

  • Last Updated:

  • Address: 5616 Lawndale St, Houston, TX 77023

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