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For Sale | Investment Offering | Two NNN Leased Office Buildings Listing Details & Market Data

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

  • For Sale $27,131,325
  • Property Type Office - General Office
  • Property Size 157,166 SF
  • Date Updated Sep 22, 2022

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

  • Walk Score ® Car-Dependent (38)
  • Transit Score ® Some Transit (33)
  • Bike Score ® Somewhat Bikeable (45)
Powered by Walk Score ®
  • City Houston, TX
  • Neighborhood Westbranch
  • Zip Code 77041
  • Market Houston

Points of Interest

Houston, TX - Northwest Freeway Supercharger

2.48 miles

Exxon

5.19 miles

Shell

5.51 miles

Corner Food Mart

6.12 miles

Blink

6.33 miles

Chevron

6.88 miles

Chevron

7.01 miles

Houston, TX - 9633 Westheimer Road Supercharger

7.07 miles

Blink

7.47 miles

Sunoco

8.42 miles

WFT parking

3.26 miles

Memorial City Mall Overflow Parking

4.19 miles

Shell Woodcreek Garage 1

4.23 miles

Church Parking

6.68 miles

Seton Lake Park & Ride

7.25 miles

Schlumberger Parking Garage

7.65 miles

Omni Houston Hotel Parking Garage

8.00 miles

Gessner Park and Ride

8.13 miles

Westchase Park and Ride

8.27 miles

Barker-Cypress Road Park & Pool

8.63 miles

Whataburger

3.46 miles

Denny's

3.82 miles

Subway

5.13 miles

Honey Baked Express

5.80 miles

Boston Market

6.03 miles

Yucatan Seafood and Bar

6.16 miles

Barnaby's Cafe

6.93 miles

Tubs Poutine

6.97 miles

Arby's

7.39 miles

Merche'

7.39 miles

Houston Community College Northwest - Spring Branch Campus

3.43 miles

Cook Middle School

4.84 miles

Big Little School

5.49 miles

Regency Beauty Institute

5.78 miles

Unity Beauty College

6.21 miles

Adaptive Behavior Center

6.78 miles

St. Michael's Day School

7.17 miles

Kujawa Early Childood Center

7.20 miles

Drew Academy

7.38 miles

American InterContinental University

7.57 miles

KinderCare Learning Center

1.74 miles

Fairbanks KinderCare

4.28 miles

Saint Elizabeth Educational Day-Out Services

4.94 miles

Kolbe Kids’ Early Childhood Program

5.03 miles

Westlake Child Development Center

5.86 miles

Day Care

6.41 miles

Early Learning Campus of the Awty International School

7.11 miles

Children's Courtyard

7.18 miles

Texas Kids Learning Center

7.56 miles

The Goddard School

7.74 miles

Contacts

broker

Jim Pratt

Contact Listing Broker

broker

Jim Pratt

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