214-979-6156
14141 Southwest Fwy, Sugar Land, TX for Sale
Office - FOR SALE
1/14
null | Request Cap Rate

14141 Southwest Fwy
Sugar Land, TX 77478


HIGHLIGHTS

  • Institutionally Maintained with an Active Capital Improvement Program in Place – All at a New Reset Basis
  • Large Flexible Floorplate Design with Unmatched On-Site Amenity Base
  • Phenomenal Opportunity to Reposition and Re- Brand the Asset to a Truly Differentiated Offering within the Marketplace
  • Downside Protection in Underlying Land Value & Development Potential
  • Strong Surrounding Demographics in a Leading Growth Market

OVERVIEW

CBRE Capital Markets, as exclusive advisor, is pleased to present the outstanding opportunity to acquire the fee simple interest in Sugar Creek on the Lake (the “Property”), located at 14141 Southwest Freeway and ideally positioned as the gateway into Sugar Land, Texas. The Property sits on an expansive 23.71-acre waterfront site featuring expansive green space and consisting of 516,523 square feet with two parking garages and a surface lot that offer an above-market parking ratio of 4.9/1,000 SF. The Property is currently 42.9% leased with 3.1 years of weighted average lease term remaining, presenting investors with exceptional optionality in redefining the asset for future users. The Property offers the incredible opportunity to enhance, elevate, and activate the overall tenant experience, truly differentiating from anything else on the marketplace today. The offering is being made un-priced and on an “as-is, where-is” basis, and fully supported by the lender.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sugar Creek on the Lake

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

11

BUILDING CLASS

A

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

2540

LAND DETAILS

LAND ACRES

23.71 AC

LAND SF

1,032,808 SF

ZONING

SYJ

APN/PARCEL ID

0015-00-000-0000-907,0015-00-000-0133-907,0015-00-000-0139-907

ASK ABOUT THIS PROPERTY

214-979-6156

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214-979-6156

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