1776 Yorktown consists of an eight-story office building with a total of 179,561 square feet of quality office accommodations and a five-story parking garage which provides an above-market parking ratio of 3.8/1,000 square feet. The property is 95.3% leased with numerous long-term leases providing a much sought-after stable and predictable cash flow.
1776 Yorktown' s location within the most vibrant commercial district in Houston affords it with superior regional access and convenience to five major highways and interstates. Just minutes from the Galleria mall, 1776 Yorktown is proximate to a host of popular restaurants, hotels and entertainment destinations. Additionally, office properties in the Galleria submarket are among Houston' s best performers, recording a yearend occupancy rate of 88% and the city' s fourth-highest asking rents. 1776 Yorktown presents investors with a compelling opportunity to purchase a quality, stabilized office asset with long-term cash flow and an irreplaceable Galleria location.