713-425-5839
3250 Briarpark Dr, Houston, TX for Sale
Office - FOR SALE
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3250 Briarpark Dr
Houston, TX 77042


HIGHLIGHTS

  • Premier Location in Houston's Hottest Leasing Market
  • Offered at a Competitive Basis with Significant Discount to Replacement Cost
  • Significant Capital Improvements with Newly Renovated On-Site Amenities
  • Stabilized Cash Flow with Additional Upside Opportunity
  • Well-Positioned to Capitalize on West Houston's Flight to Quality
  • Exceptional Accessibility to Major Thoroughfares

OVERVIEW

JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in Reserve at Westchase (“the Property”), a 76.7% leased 194,919 SF Class A office property anchored by Mattress Firm, the nation-leading mattress retailer. The property features newly renovated tenant amenities with current ownership recently upgrading building systems, catering to West Houston’s flight to quality trend. It’s location is highly accessible to all areas of Houston via Westpark Tollway and Beltway 8. Houston’s finest residential areas (Memorial Villages, Spring Branch, Briar Forest, and River Oaks) are all a short and easy drive from the property due to it’s excellent access. Reserve at Westchase provides the exceptional opportunity to acquire an institutionally owned and maintained asset, well positioned to capture the competitive leasing momentum within West Houston.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

833

LAND DETAILS

LAND ACRES

6.56 AC

LAND SF

285,754 SF

ZONING

None

APN/PARCEL ID

1108620000015

ASK ABOUT THIS PROPERTY

713-425-5839

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713-425-5839

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