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15425 North Freeway 
Houston, TX  77090
 

The Commerce Park North building is located at 15425 I-45 North in North Houston. Located directly on Interstate 45, North between Richey Road and Airtex, the building has direct and convenient access to FM 1960, the North belt and the Hardy Toll Road. Commerce Park North is located within ten minutes form Greenspoint Mall, Houston Intercontinental Airport, superb residential areas and recreational areas.

arrow.gif (70 bytes)Investment Summary
arrow.gif (70 bytes)Location Map
arrow.gif (70 bytes)Quarterly Reports

arrow.gif (70 bytes)Leasing Information

The property is taxed in one tract under the jurisdiction of the City of Houston, Texas (Harris County). 
HCAD Property Information



EXECUTIVE SUMMARY:
Commerce Park North is a Class B office building containing 66,809 net rentable square feet. The building's three-story contemporary atrium design blends in well with the meticulously landscaped and naturally-wooded surroundings.  Please contact us for financial information on this building reguarding the purchase price and total capitalization. 

Commerce Park North building represented an excellent investment opportunity for several reasons: 
arrow.gif (70 bytes)CCI obtained a high quality building of 1982 construction for one third of its replacement costs. 

arrow.gif (70 bytes)The high existing occupancy of 89% at purchase provides an immediate cash flow to our investors. 

arrow.gif (70 bytes)The building should be valued at between $60-80 PSF in approximately 5 years as rents approach $16.00 - $18.00 PSF for this type of  product. 

SUBMARKET
AERIAL VIEWS
(Close View - Image Right)
(Far View - Image Below)

 

 
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A Value-Oriented 
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