1880 Dairy Ashford Rd Houston, TX 77077

This exceptional investment opportunity presents a six-story, 158,451 square foot multi-tenant office building situated on a 5.08-acre lot in Houston, Texas. Currently 65.9% occupied, with an occupancy date of October 1, 2024, this Class B property offers significant value-add potential. The building boasts a strong net operating income (NOI) of $748,990, making it an attractive proposition for investors. Located at 1880 S Dairy Ashford Rd, 77077, in the desirable Energy Corridor submarket, this property benefits from its proximity to major thoroughfares including I-10 West, Highway 6 South, Westpark Tollway, and Sam Houston Tollway, ensuring excellent accessibility. The substantial lot size provides ample covered parking for tenants and visitors. The building, constructed in 1983, is strategically positioned within a densely populated area, serving approximately 390,171 individuals within a 5-mile radius, with an average household income of approximately $83,787. This prime location offers easy access to hotels, retail, and entertainment venues. The auction for this fee-simple property begins at $1,250,000. A range of suite sizes are readily available for lease, presenting immediate opportunities to increase occupancy and further enhance the property's value. This is a rare chance to acquire a substantial office building in a thriving Houston submarket.