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Friendswood Business Park 107-113 Woodlawn Dr 14,300 SF 4-Star Office Building Friendswood, TX 77546 For Sale
Investment Highlights
- Appealing Modern Construction
- Hard Corner Lot
- High Income Area
Executive Summary
Friendswood, TX, has a population of around 41,000, a median age near 40 (slightly older than surrounding areas), high education levels (many bachelor's degrees), and high median household incomes, reflecting a prosperous suburban community with strong homeownership and excellent schools.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$477,086
|
$33.36
|
| Other Income |
$134,777
|
$9.42
|
| Vacancy Loss |
$7
|
$0.00
|
| Effective Gross Income |
$611,856
|
$42.79
|
| Taxes |
$74,049
|
$5.18
|
| Operating Expenses |
$39,757
|
$2.78
|
| Total Expenses |
$113,806
|
$7.96
|
| Net Operating Income |
$498,050
|
$34.83
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $477,086 |
| Annual Per SF | $33.36 |
| Other Income (CAD) | |
|---|---|
| Annual | $134,777 |
| Annual Per SF | $9.42 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $7 |
| Annual Per SF | $0.00 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $611,856 |
| Annual Per SF | $42.79 |
| Taxes (CAD) | |
|---|---|
| Annual | $74,049 |
| Annual Per SF | $5.18 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $39,757 |
| Annual Per SF | $2.78 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $113,806 |
| Annual Per SF | $7.96 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $498,050 |
| Annual Per SF | $34.83 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Beautiful, Modern 2nd-Generation Medical/Office Space – Move-In Ready Discover a pristine, professionally designed commercial suite perfect for medical, wellness, or professional office use. Formerly occupied by a cardiology practice, this 2nd-generation space offers an ideal layout for seamless operations and an elevated client experience. ? Key Features * Modern, elegant design with high-quality finishes throughout * Spacious waiting room and welcoming reception area, designed for efficient patient or client flow * Two dedicated office-manager rooms, ideal for administrative support or private workspaces * Conference room suitable for team meetings, consultations, or presentations * Three private doctor/executive offices, offering comfort and privacy * Contemporary kitchen with appliances, plus a laundry room and ample storage areas * Peaceful back patio and outdoor break area, perfect for employee breaks or quiet moments * Functional layout that supports medical, dental, therapy, or general office use This turn-key suite combines modern sophistication with practical workspace planning—ready for immediate occupancy. Perfect for any business seeking a polished, professional environment that makes an impression.
Prime Modern Retail/Office Space for Lease – High-Income Area Discover an exceptional opportunity to customize your ideal business space in this beautiful, modern building situated on a hard corner lot with excellent visibility and traffic. This empty shell space offers maximum flexibility for your layout and branding, supported by a generous Tenant Improvement Allowance to help bring your vision to life. Large storefront windows provide abundant natural light, while rear access doors open to a private outdoor patio area—perfect for additional seating, break space, or creative activation depending on your business needs. Located in a high-income, rapidly growing area, this property offers strong demographics and consistent customer flow, making it ideal for retail, office, medical, restaurant, or specialty use. Key Features: * Modern, high-end building with sleek architectural appeal * Flexible shell condition ready for your custom design * TI Allowance available * Premium hard-corner visibility * Outdoor patio area accessible from back doors * Strong area demographics and high household incomes * Ample parking and easy access * Perfect for businesses seeking a standout presence in a thriving, upscale community.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 113 | 3,500 SF | Medical | Full Build-Out | 30 Days |
| 1st Fl-Ste 119 | 2,822 SF | Retail | Shell Space | Now |
1st Fl-Ste 113
| Size |
| 3,500 SF |
| Space Use |
| Medical |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 119
| Size |
| 2,822 SF |
| Space Use |
| Retail |
| Build-Out |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 113
| Size | 3,500 SF |
| Space Use | Medical |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Beautiful, Modern 2nd-Generation Medical/Office Space – Move-In Ready Discover a pristine, professionally designed commercial suite perfect for medical, wellness, or professional office use. Formerly occupied by a cardiology practice, this 2nd-generation space offers an ideal layout for seamless operations and an elevated client experience. ? Key Features * Modern, elegant design with high-quality finishes throughout * Spacious waiting room and welcoming reception area, designed for efficient patient or client flow * Two dedicated office-manager rooms, ideal for administrative support or private workspaces * Conference room suitable for team meetings, consultations, or presentations * Three private doctor/executive offices, offering comfort and privacy * Contemporary kitchen with appliances, plus a laundry room and ample storage areas * Peaceful back patio and outdoor break area, perfect for employee breaks or quiet moments * Functional layout that supports medical, dental, therapy, or general office use This turn-key suite combines modern sophistication with practical workspace planning—ready for immediate occupancy. Perfect for any business seeking a polished, professional environment that makes an impression.
1st Fl-Ste 119
| Size | 2,822 SF |
| Space Use | Retail |
| Build-Out | Shell Space |
| Available | Now |
Prime Modern Retail/Office Space for Lease – High-Income Area Discover an exceptional opportunity to customize your ideal business space in this beautiful, modern building situated on a hard corner lot with excellent visibility and traffic. This empty shell space offers maximum flexibility for your layout and branding, supported by a generous Tenant Improvement Allowance to help bring your vision to life. Large storefront windows provide abundant natural light, while rear access doors open to a private outdoor patio area—perfect for additional seating, break space, or creative activation depending on your business needs. Located in a high-income, rapidly growing area, this property offers strong demographics and consistent customer flow, making it ideal for retail, office, medical, restaurant, or specialty use. Key Features: * Modern, high-end building with sleek architectural appeal * Flexible shell condition ready for your custom design * TI Allowance available * Premium hard-corner visibility * Outdoor patio area accessible from back doors * Strong area demographics and high household incomes * Ample parking and easy access * Perfect for businesses seeking a standout presence in a thriving, upscale community.
Property Taxes
| Parcel Number | 2139-0000-0002-000 | Total Assessment | $3,663,896 CAD (2025) |
| Land Assessment | $1,228,766 CAD (2025) | Annual Taxes | $74,049 CAD ($5.18 CAD/SF) |
| Improvements Assessment | $2,435,130 CAD (2025) | Tax Year | 2026 |
Property Taxes
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Friendswood Business Park | 107-113 Woodlawn Dr
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