1002 Noble Energy Way - Office FOR SALE


Houston, TX 77070
$35,000,000 USD
716-458-7921
1002 Noble Energy Way, Houston, TX for Sale
$35,000,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

1002 Noble Energy Way
Houston, TX 77070


HIGHLIGHTS

  • Ideal for a corporate HQ or a large regional office, with a multi-floor block of up to 470,000+ square feet of contiguous space.
  • Class A 20-story building, with a built-out lobby and first twelve floors; floors 13-20 are in shell condition and ready to be built-out.
  • Discover a LEED Gold Certified, 470,623-SF office on 4.75 acres with an eight-story parking garage, 1,600+ car spaces, and a gym/event space.
  • Demographics include roughly 100,000 households within a 5-mile radius and 40% of workers who have a bachelor's degree or higher.
  • Walkable to H-E-B, Target, GNC, The UPS Store, The Home Depot, Vintage Park, and over 25 restaurants from fast food to upscale dining.
  • Connected to key communities, 12 minutes from Tomball, 21 from Spring, 23 from The Woodlands, 30 from Downtown Houston, and 45 from Sugar Land.

OVERVIEW

PLEASE NOTE: The building is being offered for sale under two conditions outlined below: *Condition One: Fully vacant- $35,000,000 sale price is for a 100% vacant building* *Condition Two: 100% Occupied: $90,000,000 sale price with Tenant in place. $66,000,000 in assumable debt* Break into the powerful Northwest Houston area and tap into top talent pools with a supremely connected office at 1002 Noble Energy Way. 1002 Noble Energy Way presents the perfect opportunity for large operations to establish a presence in Houston and treat their employees to a truly Class A experience. There are multi-floor block availabilities, and the lobby to the 12th floor is completely built-out, with the 13th through 20th floors in shell condition, allowing for creative space designs. There is quality in every aspect of the building, from the strikingly modern finishes to energy-efficient features that earned it the LEED Gold Certification. Large-scale corporate tenants will fit in perfectly, as most of the built-out floors follow a similar layout, with break areas, printer rooms, perimeter offices, and mother's rooms on each level. The on-site town hall is a basketball court that easily converts into a large meeting or event space with multimedia presentation capabilities, a colorfully illuminated ceiling, and expansive floor-to-ceiling windows looking out to the hardscaped terrace and fountains. Located in Northwest Houston directly along Highway 249, 1002 Noble Energy Center Way is one of the most accessible offices in the region, with an eight-story parking garage adjacent to the building. A brimming array of amenities surrounds 1002 Noble Energy Center Way, including Vintage Square and several strip centers, forming a highly convenient environment for employees. Labor pools in Northwest Houston are some of the strongest in the region, as thousands of affluent families have migrated to Tomball, Spring, and The Woodlands, which was ranked the Number One Place to Buy a House by Niche for 2023. Demographics underpin this, as the number of households within a 10-mile radius grew 31% from 2010 to 2023, and they currently report an average income of $104,338. 1002 Noble Energy Way is also well-positioned to access the metro's main professional hubs, with George Bush Intercontinental Airport 22 minutes away and Downtown Houston 30 minutes away.

FOR SALE DETAILS

PRICE

$35,000,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Noble Energy Center II

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

20

BUILDING CLASS

A

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

1617

LAND DETAILS

LAND ACRES

4.74 AC

LAND SF

206,474 SF

ZONING

Commercial

APN/PARCEL ID

0451300000370

ASK ABOUT THIS PROPERTY

Michael HuntressAcquest DevelopmentMore Info
716-458-7921

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Michael HuntressAcquest DevelopmentMore Info
716-458-7921

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.