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Woodlands 45 Corporate Center 24624 Interstate 45 63,374 SF 100% Leased Office Building Spring, TX 77386 For Sale

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INVESTMENT HIGHLIGHTS

  • Assumable loan of 3.99% (subject to lender approval)
  • The Woodlands leads Houston submarkets with 435k SF net absorption and a $35.54/SF average asking rent over the past 12 months
  • Excellent visibility and access with over 237,212 daily traffic count (source: txdot.gov)
  • Submarket (The Woodlands) vacancy is only 11.52% vs Houston MSA’s 25.8%
  • Strong demand: The Woodlands attracts Fortune 500 companies, healthcare/tech/professional services, supported by a diverse and resilient local economy
  • Strong local demographics: 2024 average household income within 5 miles is $134k, with ~17% of households earning over $200k

EXECUTIVE SUMMARY

Marcus & Millichap, as the exclusive representative, is pleased to present the opportunity to acquire 24624 Interstate 45 – also known as
Woodlands 45 Corporate Center – a premier two-story Suburban Class A office building totaling approximately 63,374 rentable square feet
situated on 5.24 acres in Spring, Texas which is adjacent to the top-tier community known as The Woodlands, Texas (Houston MSA).
Constructed in 2008 and designed for corporate tenants, the modern building with flexible floor plans is 100 percent leased with 11 suites
ranging from ±2,500 square feet to ±15,000 square feet. With a concrete tilt-up exterior and curtain-wall glass systems on the exterior, the
building’s interior has high-quality finishes and energy-efficient systems. It features a flow-through common area lobby with partial two-story
clerestory atrium. There are three stairwells for efficient multi-tenant demising as well as prominent building and tenant signage available,
visible to I-45 both northbound and southbound. The property offers a generous 388 surface parking spaces (6.00:1000 square feet) and
has been under stable long-term ownership by the original developer, ensuring consistent upkeep and management. The Woodlands 45
Corporate Center is approximately 25 miles from George Bush Intercontinental Airport (IAH) which is 25 to 30 minutes in light traffic.
The Woodlands is one of the most prestigious master-planned communities in the U.S., located just north of Houston. The area is known for
its dense corporate presence, high-income demographics, and exceptional live-work-play environment. With over 28,000 acres of integrated
high-end residential, luxury retail, top-tier schools and commercial development, The Woodlands offers unmatched connectivity and lifestyle
appeal. This economic base, benefiting from ongoing development and infrastructure investment in the area, supports a steady demand for
high-quality office space, especially from corporate headquarters and regional offices.
The Woodlands Area is home to a variety of leading companies, including ExxonMobil (USA Headquarters), McKesson Specialty Health,
Alight Solutions, Occidental Petroleum Corporation, Chevron Phillips Chemical Company, Huntsman Corporation, Repsol USA, Houston
Methodist The Woodlands, Memorial Hermann The Woodlands Medical Center, and CHI St. Luke’s Health – The Woodlands Hospital.
Additionally, ExxonMobil manages an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and
chemical companies in the world. All these companies enhance the prestige and stability of the property, attracting tenants who value
proximity to a major corporate hub. As well as demand and infrastructure quality, this also boosts long-term property value, making the
location appealing to investors.
This rare opportunity offering delivers a strong return, outperforming the market average, and presents a compelling stabilized play for
investors and owner-occupiers seeking above market returns in a stable, income-producing asset.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
63,374 SF
Building Class
A
Year Built
2008
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
31,687 SF
Slab To Slab
10’
Building FAR
0.28
Lot Size
5.24 AC
Parking
388 Spaces (6 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Controlled Access
  • Security System
  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

AccentCare is a national leader in home health services, personal care services and hospice care, with innovative partnerships and care models that advance the industry forward. They connect the entire home care continuum — from personal care, medical and non-medical home health, hospice and palliative care, rehabilitation therapy and care management services. They are driven to provide patients and families with easier access to personalized, high-quality care. AccentCare’s proven operational excellence, paired with compassionate care teams, allows them to deliver consistent, high-quality outcomes for their patients and physician referral partners.

  • Health Care and Social Assistance
  • -
  • -
  • Full Service
  • Nov 2024

Arthritis Knee Pain Centers’ primary focus is their patients. Their empathy is evident in every interaction. Patients are treated like family, with care and attention that prioritizes individual needs without reducing anyone to a checklist item. The team promises to provide the necessary attention while respecting the time of all patients. Arthritis Knee Pain Centers’ mission is to deliver exceptional, non-surgical, non-opioid pain-relieving therapy for individuals suffering from chronic osteoarthritis of the knee. Every patient is considered special and valued as family. Their standard of care emphasizes empathy, transparency, and individualized treatment for each patient’s unique needs.

  • Finance and Insurance
  • -
  • -
  • -
  • -

Bankers Life is a subsidiary of CNO Financial Group, Inc., specializing in life insurance, health insurance, and retirement planning solutions for middle-income Americans nearing or in retirement. Founded in 1879, the company offers products such as life insurance, Medicare supplement insurance, long-term care coverage, and annuities. Bankers Life operates through a network of over 230 offices and thousands of agents across the United States, including its Chesapeake, Virginia branch. The company focuses on personalized service, providing in-person and virtual consultations to help clients plan for healthcare costs and financial security in retirement. Bankers Life also offers investment services through Bankers Life Securities, Inc. and advisory services via Bankers Life Advisory Services, Inc.

  • Educational Services
  • -
  • -
  • -
  • Apr 2023

Since 1994, CPaT Global has been the leader in E-Learning Solutions for Airlines, Training Organizations, Aircraft Maintenance Companies and Aviation Professionals. They offer Distance Learning Courses and Learning Management Systems for most of the world’s commercial aircraft including Boeing, Airbus, McDonnell Douglas, Embraer, Fokker, and ATR. Their library of Aviation General Subjects and Specialty Courses cover a wide range of Aviation, Airline and Safety Subjects. CPaT’s Distance Learning Training Courses are designed to FAA, EASA, ICAO and DGAC compliant and meet IOSA standards.

  • Cummings Transportation
  • Transportation and Warehousing
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

Infiniti Insurance Services Agency is an independent insurance agency that serves clients in Spring, TX and surrounding areas with a range of insurance products, including homeowners, automobile, recreational, commercial, and life insurance. As independent agents, they have the ability to multiple carriers, such as Allstate, Nationwide, MetLife, Safeco, Liberty Mutual, Travelers, State Auto, and Progressive, in order to find the best rate and protect what's most important to their clients. Infiniti Insurance Services Agency is a locally owned insurance agency that has been proudly serving Spring, TX since 2000. Clients can use the online rating tool on their website to compare auto and home insurance quotes, visit their office, or call for a free quote.

  • Real Estate
  • -
  • -
  • Full Service
  • -

New Home Programs strives to be the premier value-driven real estate firm in the local market, committed to delivering an unparalleled 5-Star Client Experience. Their vision is to earn recognition as the foremost provider of quality service. Through a dedicated and efficient real estate team, they fulfill their mission of ensuring a seamless 5-Star Client Experience for both home buyers and sellers, extending support before, during, and after transactions. Upholding a set of core values, they embrace honesty, excellence, respect, courage, value, loyalty, compassion, frugality, and humanitarianism. These values guide every interaction, ensuring integrity, compassion, and fairness in all endeavors.

  • Services
  • -
  • -
  • -
  • -

Options Travel Group (OTG) is an independently owned and operated Missouri-based corporation that offers sales, marketing and management services. OTG is currently the exclusive provider of the Premier Options Program. This Program offers alternative travel solutions at industry-low prices, giving our customers piece of mind as they build lifetime memories. Years of industry experience, an innovative and robust product line, “In-House” Travel concierge service along with an attentive customer service department provides us the unique opportunity to be a true solution for today’s vacation ownership community.

  • Real Estate
  • -
  • -
  • -
  • -

Regus is a global provider of flexible workspace solutions, operating under the International Workplace Group (IWG) brand portfolio. Founded in 1989 in Brussels, Belgium, Regus offers serviced offices, coworking spaces, meeting rooms, and virtual office services to businesses of all sizes. The company’s Memphis location is situated in Clark Tower, a prominent high-rise in East Memphis, providing private offices, shared workspaces, and business amenities with 24/7 access. Regus is part of IWG plc, a publicly traded company listed on the London Stock Exchange under ticker symbol IWG. Today, Regus operates thousands of locations worldwide, supporting hybrid work models and offering scalable solutions for corporate and individual clients.

  • Information
  • -
  • -
  • Full Service
  • -

SoftBase Systems, Inc. designs software with simplicity in mind, recognizing the inherent challenges of operating a dealership. The products developed by the team are known for their ease of use, seamless integration, and substantial impact on dealership success. The Softbase team takes pride in becoming an extension of their clients' teams. Each client receives a personalized approach and comprehensive training on system usage tailored to their specific needs. The company emphasizes that the client relationship extends beyond training completion, with ongoing support provided by Softbase whenever needed.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Health Care and Social Assistance - - - -
Health Care and Social Assistance - - Full Service Nov 2024
Finance and Insurance - - - -
Educational Services - - - Apr 2023
Cummings Transportation Transportation and Warehousing - - - -
Finance and Insurance - - - -
Real Estate - - Full Service -
Services - - - -
Real Estate - - - -
Information - - Full Service -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 110
  • 823 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 115
  • 1,727 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 120
  • 3,492 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 150
  • 5,000-15,090 SF
  • Office
  • -
  • Now

5,000-15,090 SF

  • 2nd Fl-Ste 250
  • 2,735 SF
  • Office
  • -
  • Now

Can be combined with Suite 280 for a total of 5208 feet

Space Size Space Use Condition Available
1st Fl-Ste 110 823 SF Office - Now
1st Fl-Ste 115 1,727 SF Office - Now
1st Fl-Ste 120 3,492 SF Office - Now
1st Fl-Ste 150 5,000-15,090 SF Office - Now
2nd Fl-Ste 250 2,735 SF Office - Now

1st Fl-Ste 110

Size
823 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 115

Size
1,727 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 120

Size
3,492 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 150

Size
5,000-15,090 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 250

Size
2,735 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 150

Size 5,000-15,090 SF
Space Use Office
Condition -
Available Now

5,000-15,090 SF

2nd Fl-Ste 250

Size 2,735 SF
Space Use Office
Condition -
Available Now

Can be combined with Suite 280 for a total of 5208 feet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0191-00-01400
Land Assessment
$8,002,695 CAD
Improvements Assessment
$6,877,160 CAD
Total Assessment
$14,879,856 CAD
  • Listing ID: 37959168

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 24624 Interstate 45, Spring, TX 77386

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