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2020 N Memorial Way 5,000 SF 100% Leased Flex Building Houston, TX 77007 $6,072,252 CAD ($1,214.45 CAD/SF)
EXECUTIVE SUMMARY
Ideal LOCATION for any owner user, investor or possible redevelopment. The Property is less than two miles from downtown Houston, with easy access to both I-10 and I-45 and features a unique view of the downtown skyline. 2020 N Memorial Way consists of Two Buildings Totaling ~6,656 sq. ft. (Per HCAD). The main building a is a Single Story Office built in 1935 containing ~5,000 sq. ft. with an added warehouse of ~1,650 sq. ft. for additional rental income or warehouse storage. The office area features high ceilings, central HVAC, natural lighting, fenced parking, covered parking, common area kitchenette, break room, and restrooms. Newly installed 25 KW auto gas fired generator. The seller is also open to offering the space fully furnished.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$184,261
|
$36.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$184,261
|
$36.85
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $184,261 |
| Annual Per SF | $36.85 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $184,261 |
| Annual Per SF | $36.85 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Yard
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Millennium Rds
- Health Care and Social Assistance
- -
- -
- -
- Technical Risks Inc
- Public Administration
- -
- -
- -
- Upstream Insurance Brokers
- Finance and Insurance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Millennium Rds | Health Care and Social Assistance | - | - | - | ||
| Technical Risks Inc | Public Administration | - | - | - | ||
| Upstream Insurance Brokers | Finance and Insurance | - | - | - |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 1319870010001 | Improvements Assessment | $647,666 CAD (2025) |
| Land Assessment | $2,365,132 CAD (2025) | Total Assessment | $3,012,798 CAD (2025) |
PROPERTY TAXES
Parcel Number
1319870010001
Land Assessment
$2,365,132 CAD (2025)
Improvements Assessment
$647,666 CAD (2025)
Total Assessment
$3,012,798 CAD (2025)
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2020 N Memorial Way
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