713-852-3557
15990 N Barkers Landing Rd, Houston, TX for Sale
Office - FOR SALE
1/18
null | Request Cap Rate

15990 N Barkers Landing Rd
Houston, TX 77079


HIGHLIGHTS

  • Value-Add Opportunity Below Replacement Cost
  • Highly Amenitized Location with Exceptional Accessibility
  • Premier Energy Corridor Location
  • Diversified Rent Roll
  • Common Long Term Tenency
  • Proximity to Houston's Top Employees

OVERVIEW

JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in Timberway One (“the Property”), a 93,578 SF Class B office property located in the heart of the Energy Corridor submarket of West Houston, one of the hottest leasing markets in the United States. The property’s location is highly accessible to all areas of Houston with immediate access to Interstate 10 and Highway 6. The Property sits in a highly amenitized micro-market, surrounded by leading residential neighborhoods including Memorial Villages and Eldridge Oaks, as well as countless retail and dining options. Currently 92% occupied with 4.9 years of remaining lease term, Timberway One offers the opportunity to acquire a stabilized asset with additional upside via lease up at a fraction of replacement cost. The asset is well-positioned to benefit from the Energy Corridor’s exceptional leasing velocity and capture tenants in the market looking to locate West.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Timberway One

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

430

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

None

APN/PARCEL ID

1149900010017

ASK ABOUT THIS PROPERTY

Marty HoganJLLMore Info
713-852-3557

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Marty HoganJLLMore Info
713-852-3557

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