Contacts

Francois Le

LE Commercial Real Estate

(281) 733-8877

Property Details

Property Type Industrial - Manufacturing
Property Size 9,525 SF
Units 3
Lot Size 0.46 Acre
Property Tenancy Single Tenant
Year Built 1979
Year Renovated 2022
Date Updated Apr 23, 2024
HVAC None

Subject Property is strategically located in the heart of Spring Branch, directly adjacent to the Memorial Management District and Hedwig Village. The District composes of over 17 million square feet of commercial and industrial space, including major companies such as Memorial Herman, Microsoft, and many major companies. Spring Branch has experienced significant gentrification over the past few years due to the demand for high-priced family homes from the economic success of the Memorial Management District. Homes in the immediate area and adjacent subdivisions are selling in the million-dollar ranges. The expansion of Memorial district is growing and expanding eastward into the Spring Branch market. Timber Trace Townhomes has excellent access and commute times to major Houston's economic hub, such as the Galleria, Downtown, Energy Corridor, and Westchase District.LE Commercial is pleased to present the exclusive sale of 1212 Cedar Post located in the heart of Spring Branch. This is an excellent investment opportunity to acquire a renovated industrial flex office warehouse located in one of Houston's most high demand rental and sales submarket with growth that is projected to be the fastest submarket in Houston MSA. The subject property is effective rents are lower than the average Houston metropolitan asking rate, allowing an investor to increase the NOI by providing additional cash flow and property value growth from annual increasing rental rates. An investor has opportunity to acquire a rare investment that benefits from gentrification through increased land value to boast to exceed over $100.00 per square feet as seen historically in Houston urban submarkets.HVAC controlled office/warehouse spaces.

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Highlights

• Rare Irreplaceable Asset Offering
• Urban Infill Area with Increasing Land Value in Immediate Area (Sold Comps $60 Per Square Foot) with Houston's Urban Land Sold Comparables Ranging from $80-$125 Per Square Foot
• Excellent Value Add Investment Opportunity & Irreplaceable Asset
• Significant Capital Expenditure

Getting around

64/100
Walk Score ®
35/100
Transit Score ®
54/100
Bike Score ®

Powered by Walk Score ®

Location

City Houston, TX
Neighborhood Spring Branch West
Zip Code 77055
Market Houston

Points of Interest

Hermann Park/Rice U

9.14 miles
Memorial Hermann Hospital/Houston Zoo

9.17 miles
Dryden/TMC

9.18 miles
Museum District (southbound)

9.21 miles
Wheeler

9.26 miles
Museum District (northbound)

9.27 miles
TMC Transit Center

9.32 miles
Lindale Park

9.32 miles
Northline Transit Center/HCC

9.32 miles
Ensemble/HCC

9.32 miles

H-E-B Fuel

0.60 miles
Phillips 66

1.21 miles
Shell

1.82 miles
Sam's Club

1.86 miles
Shell

2.24 miles
Bucky's

2.35 miles
Exxon

2.37 miles
Shell

2.45 miles
Murphy USA

2.60 miles
Chevron

2.63 miles

H-E-B Car Wash

0.60 miles
Enterprise

1.47 miles
ecurie25 Supercar Club

2.40 miles
Mister Car Wash

3.46 miles
New Era Auto Repair

3.63 miles
Uptown Car Wash

4.32 miles
Stop n Wash

4.82 miles
Hertz

5.05 miles
Enterprise

5.32 miles
Thrifty

5.50 miles

Sonic

0.21 miles
Pho I-10

0.26 miles
Wingstop

0.26 miles
La Fiesta Restaurant & Cantina

0.54 miles
Korea Restaurent

0.56 miles
Tree Garden

0.61 miles
Seoul Garden

0.64 miles
Peli Peli Kitchen

0.64 miles
Which Wich?

0.68 miles
Panda Express

0.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

1212 Cedar Post Lane