713-830-2135
11200 Richmond Ave, Houston, TX for Sale
Office - FOR SALE
1/9
null | Request Cap Rate

11200 Richmond Ave
Houston, TX 77082


HIGHLIGHTS

  • Access OM https://my.rcm1.com/handler/modern.aspx?pv=m0bTCoIxN_lozYNjrik00z0oAdqv0QlWLAJ1FAnX3wl-fggqIuTaLVUDafOrtl9or5uIizs1qrtOFveI6AUp6w#_top
  • Asset Type Muti-tenant Office
  • NOI (Year 1) $355,949
  • Occupancy / Leased 51%
  • NRA ±151,711
  • Land Area ±4.786 acres

OVERVIEW

Value-Add Investment Opportunity Located in the heart of Houston, Texas Premier Location Institutionally Owned | Class A Office Asset Colliers is pleased to present the exclusive opportunity to acquire the fee-simple interest in Westchase Place (“ the Property”), a mid-rise office building with convenient access to Beltway 8, Westpark Tollway and Westheimer Rd., Providing easy access to major thoroughfares in Houston. An outstanding opportunity for investors seeking a high quality, strategically located office asset in one of Houston’s most attractive business districts. Investment Highlights: • Energy Efficiency: The property holds an impressive Energy Star® Rating of 82, achieved in 2010, 2012, and recertified in 2013, reflecting its commitment to energy efficiency and sustainability. • Prime Westchase Location: Strategically situated in the highly sought-after Westchase District, the property offers unparalleled access to major highways, business hubs, and local amenities. • Capital Improvements: The property has benefited from approximately $8 million in capital upgrades over the last decade, maintaining its competitive edge in the market. • Proximity to Amenities: The building is surrounded by a vast array of restaurants, hotels, and retail options, making it a prime location for business professionals and clients.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westchase Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.79 AC

LAND SF

208,652 SF

ZONING

None

APN/PARCEL ID

1144110080001

ASK ABOUT THIS PROPERTY

David CarterColliersMore Info
713-830-2135

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David CarterColliersMore Info
713-830-2135

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