5815 Gulf FwyHouston, TX 77023

  • Commercial real estate
  • 44,099 SF
For Lease
$32/SF/YR View listing

Property Details for 5815 Gulf Fwy

Year built
2020
Construction
CONCRETE BLOCKS
Lot size
5.06 AC
Property size (Sq ft)
44,099 SF
Property type
Commercial real estate
APN
1503680010001
APU
1503680010001

Description

South Gulf Plaza, a prime Houston mixed-use development, offers exceptional commercial space at 5815 Gulf Freeway, Houston, TX 77023. This high-visibility location boasts over 222,698 vehicles daily on the I-45 Gulf Freeway Service Road, inside Loop 610. The property comprises two buildings totaling 56,178 square feet, currently featuring a mix of retail, office, and warehouse space. Building A, a two-story structure, has its first floor fully leased to Wellmed. The second floor offers 8,729 square feet of divisible office space, available for lease at $32 per square foot, NNN. Building B encompasses 29,754 square feet and is currently fully leased, with an estimated NNN of $9.03 per square foot. Both buildings are delivered in shell condition, providing flexibility for tenant build-outs. A total of 8,729 square feet is currently vacant across both buildings. The property includes two loading docks and two dock-high doors, catering to various business needs. This exceptional opportunity presents a chance to secure space in a high-traffic, easily accessible location within a thriving commercial center. Available space ranges from 2,000 to 8,729 square feet.

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7177
Longitude
-95.3167
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$197,919
$2,294,796
$8,057,473
$10,352,269
-
$2,294,796
$8,057,473
$10,352,269

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