Simron Properties bought up the Eldridge Pointe Office Condominiums and is making the needed changes to entice the professional’s into buying space. With the shortage of small to mid-size office condos for sale in the area it is a much welcome project to the community. Professionals like doctors, lawyers, and many others are learning that it is to their advantage to buy property instead of a long term lease or rental. Commercial real estate for sale is what they are looking at and the office condos for sale fits their needs.
Eldridge Pointe Office Condominiums are located in the City of Sugar Land, Fort Bend County, Texas. Located on a major highway, Eldridge Pointe is close to major medical institutions, retail, banking, and restaurants. Easy access to Highway 59, Highway 90 and the Beltway 8 gives it an attractive location to get in and out of work or for office visits. Located just minutes from Galleria, Westchase District, Richmond/Rosenberg and Greenway Plaza it seems to be a prime area. Sugar Land is known for it’s illustrious office settings and major corporations. It also has a large medical community and health service industries.
The professional office space is designed to meet the needs of small to mid-size businesses. Smaller buildings are available for small businesses which is at a demand. The area has experienced appreciation for twenty years which makes this long term investment desirable. New landscaping and a pond with a beautiful fountain are just some of the improvements being made to the property by the new developer.
The commercial real estate for sale offers condos that range in sizes from 728 SF to 5,824 SF with 4 to 8 units per building. There are different floor plans to meet the needs of any professional office space required. Made of brick and stucco they are set in a park like setting and are ready for immediate occupancy. Units include kitchenettes with granite counters, and half baths. The reception and common areas include laminate wood flooring, crown molding, blinds and ceiling fans. The condos for sale are pre-wired for phones, high-speed internet and a security system. All owners have twenty- four hour, seven days a week access. Each condo has it’s own entrance, convenient parking, and separately metered utilities. There are 14 units fully completed and ready to move into. Financing Specialists are available to talk to you about your needs and meet your budget.
The office condo has become popular in recent years because you own your office building but share common areas and expenses for upkeep of grounds and buildings. The common areas are owned by all the owners in the unit. A board oversees the care of the common areas and grounds. Another plus is that office space sale mortgage payments are usually lower than your monthly rental payment. Interest rates have become lower for the office condo buyer which makes it more appealing and affordable for the Small Business Owner. You are also building up equity and interest can be deducted at tax time.