OASIS OFFICE BUILDING

SOLD!

Property Details (11929 West Airport Boulevard, Stafford, TX 77477)

Asset Type Commercial
Starting Bid $9,000,000
Bid Deposit Amount $50,000
Property Oasis Office Building
Property Description 193,131 SF Office Building located in Stafford, TX
Assessor's Parcel Number 5360-01-001-0020-910
Square Footage 206,474
Net Rentable Area 193,131
Lot Size (acres) 11.9
Year Built 2008
Number of Buildings  1
Number of Stories  9
Occupancy  30.79(%)
Occupancy As of Date  01/31/2015
Net Operating Income (NOI)  $656,831
NOI As Of Date  12/31/2014
Broker Co-Op  Available*
 Broker Registration
 Please see Terms & Conditions for details
Event Item #  B154-127
Property ID  193028996
Buyer's Premium  5% of Winning Bid Amount (A minimum of $20000  will apply)

Description for 11929 West Airport Boulevard, Stafford, TX 77477
Property showings will be offered on Thursday, April 16th and Thursday, April 23rd between 10:00 AM to 1:00 PM local time. Please contact the listing broker to RSVP.

Built in 2008, the Oasis is a 9-story Class A quality office building with elaborate amenities including a 5-level 646 space parking garage, 7.16 acres of additional land (5.342 acres developable), park-like setting with fountains and an outdoor gazebo pavilion, quality interior finishes and hardware as well as in-place technology (e.g., vertical piping for internet, cable TV, fiber optics). The Oasis is currently 31% leased and occupied. The Atrium Medical Center (a 68-bed LTACH) occupies two full floors and a portion of the first floor. Other tenants include physicians with various specialties.

The Oasis is situated in the heart of southwest Houston with freeway visibility less than 1 mile from US-59. The property is within 30 minutes of two international airports and in close proximity to US-59 which provides quick access to all areas of Houston.  

BUILDING AMENITIES

  • Nine-story Mediterranean style office building with 193,131 SF
  • Centered on a 4.74 acre main parcel for building/garage + 7.16 acres additional land (5.342 acres developable)
  • Structured parking garage with 646 spaces plus ample surface parking spaces available
  • High-end finishes throughout with marbled foyer and corridors with oak paneling
  • Executive conference room on the 9th floor that overlooks an unsurpassed view of downtown Houston
• Complete with grounds, fountains, picnic-tables and pavilions