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Friendswood Business Park 107 Woodlawn Dr 14,300 SF 4-Star Office Building Friendswood, TX 77546 For Sale

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INVESTMENT HIGHLIGHTS

  • Appealing Modern Construction
  • Hard Corner Lot
  • High Income Area

EXECUTIVE SUMMARY

Great Invest Property for Owner-User, or Investor. The building is strategically located on a "hard corner" lot, offering dual road frontage and visibility from multiple directions to passing traffic. This premier location in a high-income area ensures maximum brand exposure and easy client access. The interior boasts high ceilings, which create an open, airy atmosphere and can accommodate various configurations, from open-plan retail displays to office setups or medical space. Ample on-site parking is a key feature, ensuring convenience for both staff and customers and setting it apart from older, more congested downtown locations. The property is easily accessible via major roadways and has 2 clear entry/exit points. As a newer build in a desirable location, it is equipped with modern amenities efficient HVAC systems, and high-quality finishes throughout.
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 $463,176 $32.39
Other Income $130,847 $9.15
Vacancy Loss $7 $0.00
Effective Gross Income $594,016 $41.54
Taxes $71,890 $5.03
Operating Expenses $38,598 $2.70
Total Expenses $110,488 $7.73
Net Operating Income $483,528 $33.81

FINANCIAL SUMMARY (PRO FORMA - 2026)

Gross Rental Income (CAD)
Annual $463,176
Annual Per SF $32.39
Other Income (CAD)
Annual $130,847
Annual Per SF $9.15
Vacancy Loss (CAD)
Annual $7
Annual Per SF $0.00
Effective Gross Income (CAD)
Annual $594,016
Annual Per SF $41.54
Taxes (CAD)
Annual $71,890
Annual Per SF $5.03
Operating Expenses (CAD)
Annual $38,598
Annual Per SF $2.70
Total Expenses (CAD)
Annual $110,488
Annual Per SF $7.73
Net Operating Income (CAD)
Annual $483,528
Annual Per SF $33.81

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,300 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,300 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2139-0000-0002-000
Land Assessment
$1,221,398 CAD (2025)
Improvements Assessment
$2,420,527 CAD (2025)
Total Assessment
$3,641,925 CAD (2025)
Annual Taxes
$71,890 CAD ($5.03 CAD/SF)
Tax Year
2026
  • Listing ID: 38466527

  • Date on Market: 2025-11-16

  • Last Updated:

  • Address: 107 Woodlawn Dr, Friendswood, TX 77546

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