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1425 Lakefront Circle

Off-Market

1425 Lakefront Circle, Spring, TX 77380

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  • Property Type Office - General Office
  • Property Size 51,333 Sqft
  • Lot Size 4 Acre
  • Parking Spaces Avail. 160
  • Parking Ratio 3.12/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1982

Location

  • City Spring, TX
  • Neighborhood Town Center The Woodlands
  • Zip Code 77380
  • Market Houston

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Spring

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Spring Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.38
  • 2020 Office Vacancy Rate 20.91 %
  • 2020 Office Completions (Sqft)
View more Spring market trends

Tax

  • Property Tax in 2020 $216,208
  • Market Value $9,345,920
  • Assessed Value $9,345,920

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

Frequently Asked Questions

What is the total square footage of 1425 Lakefront Circle?

1425 Lakefront Circle totals 51,333 square feet.

When was this property built?

1425 Lakefront Circle was built in 1982.

What is the property tax for 1425 Lakefront Circle?

The property tax for 1425 Lakefront Circle in 2020 was $216,208.

What is the market value for 1425 Lakefront Circle?

The market value for 1425 Lakefront Circle in 2020 was $9,345,920.

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