1824 Sawdust RdSpring, TX 77380

  • Office properties
  • 6,300 SF
For Sale
$2,495,000 View listing

Property Details for 1824 Sawdust Rd

Lot size
1.80 AC
Property size (Sq ft)
6,300 SF
Property type
Office properties

Description

This exceptional investment opportunity presents two single-story, Class B office buildings totaling 6,300 square feet situated on a 1.8-acre lot in Spring, Texas. The property boasts a prime location on Sawdust Road, a signalized corner offering excellent visibility. Currently 100% occupied with a multi-tenant lease structure, the complex generates a substantial $14,000 monthly gross income ($144,959 annual NOI), representing a compelling 5.81% capitalization rate. Building 1 encompasses 3,300 square feet, while Building 2 offers 3,000 square feet. Lease terms include three years remaining on one lease and six months on another, with an option to extend. The property features desirable amenities such as remote-controlled gates, monitored security, professional signage, and convenient access to The Woodlands amenities, Hardy Toll Road, I-45, and the Grand Parkway. This is a turnkey investment with strong cash flow and significant upside potential. The asking price is $2,495,000. The property is located at 1824 Sawdust Rd, Spring, TX 77380, in Montgomery County.

Location Insight

City
Spring
County
Montgomery
State
Texas
Latitude
30.127
Longitude
-95.4715

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