• For Sale | Investment Offering | Two NNN Leased Office Buildings
  • For Sale | Investment Offering | Two NNN Leased Office Buildings
  • +1 image For Sale | Investment Offering | Two NNN Leased Office Buildings

For Sale | Investment Offering | Two NNN Leased Office Buildings

4805 Westway Park Boulevard & 11050 Capital Park Drive Houston, Houston, TX 77041

  • For Sale Contact for pricing
  • Property Type Office - General Office
  • Date Updated Mar 28, 2023

Unique West Houston Net Leased investment offering comprised of a 4.8-acre property with two buildings built for Seismic Exchange, Inc. (SEI). Located in the 150-acre, deed-restricted Westway Business Park, corporate neighbors include Schlumberger, GE Oil & Gas, Baker Hughes, Schneider Electric, Travelers Insurance and Cyrus One, among others.  4805 Westway Park is the company’s headquarters, and SEI will lease this Class “A” building for seven years. 11050 Capital Park, which is currently vacant, will be leased for three years by SEI at a below market rental rate, and listed at a higher cap rate. The “blended” cap rate is 8.73%. While the investment has an NOI of $2,368,121 in Year One with 2% annual increases, it is an opportunistic investment allowing the Buyer to backfill 11050 Capital Park with a longer-term tenant at a “market” rental rate and revalue the property at a much lower market cap rate. Price: $27,131,325

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Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent

  • Transit Score ®

    33/100 Some Transit

  • Bike Score ®

    45/100 Somewhat Bikeable
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  • City Houston, TX
  • Neighborhood Westbranch
  • Zip Code 77041
  • Market Houston

Points of Interest

  • Shell

    0.35 miles

  • Chevron

    0.42 miles

  • Valero

    0.91 miles

  • Swift

    1.28 miles

  • H-E-B Fuel

    1.29 miles

  • Texaco

    1.30 miles

  • Chevron

    1.32 miles

  • Murphy USA

    1.35 miles

  • Valero

    2.10 miles

  • Coastal

    2.39 miles

  • West Little York Park & Ride

    2.29 miles

  • WFT parking

    3.26 miles

  • Memorial City Mall Overflow Parking

    4.19 miles

  • Shell Woodcreek Garage 1

    4.23 miles

  • Memorial City Plaza Parking Garage

    4.24 miles

  • Northwest Station Park & Ride

    4.93 miles

  • Addicks Park and Ride

    5.80 miles

  • Church Parking

    6.68 miles

  • Seton Lake Park & Ride

    7.25 miles

  • Northwest Transit Center Parking

    7.35 miles

  • La Quinta Inn & Suites by Wyndham Houston West at Clay Road

    0.24 miles

  • Comfort Suites Houston West At Clay Road

    0.51 miles

  • Residence Inn by Marriott Houston West/Beltway 8 at Clay Road

    0.62 miles

  • Courtyard by Marriott Houston NW/290 Corridor

    2.28 miles

  • Hilton Garden Inn

    2.31 miles

  • Studio 6 Houston Northwest

    2.47 miles

  • InTown Suites EXTENDED-STAY LIVING

    2.67 miles

  • Palace Inn 290 & Fairbanks

    2.77 miles

  • Palace Inn

    2.82 miles

  • HomeTowne Studios Houston - Northwest

    2.85 miles

  • Tragos Listos

    0.88 miles

  • KFC

    1.32 miles

  • Thai Jin

    1.32 miles

  • Burger King

    1.62 miles

  • Whataburger

    1.71 miles

  • Jack in the Box

    1.72 miles

  • Chick-fil-A

    1.74 miles

  • McDonald's

    1.87 miles

  • La Pupusa Loca

    1.96 miles

  • Tai Kee

    2.13 miles

  • Houston Christian High School

    1.14 miles

  • Terrace Elementary School

    1.32 miles

  • The Monarch School

    1.58 miles

  • The Guthrie Center

    1.61 miles

  • Northbrook Middle School

    1.64 miles

  • Westwood Elementary School

    1.72 miles

  • Spring Oaks Middle School

    1.75 miles

  • The Parish School

    1.86 miles

  • Tiger Trail School

    1.92 miles

  • Spring Shadows Elementary School

    1.94 miles

  • KinderCare Learning Center

    1.74 miles

  • Laugh N' Discover

    3.87 miles

  • Fairbanks KinderCare

    4.28 miles

  • Saint Elizabeth Educational Day-Out Services

    4.94 miles

  • Kolbe Kids’ Early Childhood Program

    5.03 miles

  • Childtime

    5.06 miles

  • Super Kids Academy

    5.21 miles

  • Westlake Child Development Center

    5.86 miles

  • Day Care

    6.41 miles

  • Early Learning Campus of the Awty International School

    7.11 miles

Contacts

broker

Jim Pratt

Colliers

(713) 830-2147

Frequently Asked Questions

What is the total square footage of For Sale | Investment Offering | Two NNN Leased Office Buildings?

For Sale | Investment Offering | Two NNN Leased Office Buildings totals 157,166 square feet.

Tax

  • Property Tax in 2022 $472,403
  • Market Value* $18,280,675
  • Assessed Value $18,280,675

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jim Pratt

Colliers

(713) 830-2147