713-852-3557
801 Travis St, Houston, TX for Sale
Office - FOR SALE
1/20
null | Request Cap Rate

801 Travis St
Houston, TX 77002


HIGHLIGHTS

  • Value-Add Opportunity at Extremely Attractive Basis
  • Connected to Luxurious 4-Star Hotel
  • Excellent Building Functionality Offering Multiple Stabilization Strategies
  • Main-and-Main Downtown Location
  • Expansive List of Amenities with Direct Tunnel Access and On-Site Retail
  • Significant Capital Improvements by Ownership

OVERVIEW

JLL Capital Markets, as exclusive advisor to the owner, is pleased to offer for sale a 100% fee simple interest in 801 Travis (the Property), a 222,192 square foot Office tower in the heart of Houston’s Central Business District. Built in 1981 and subsequently renovated in 2007 and 2014, the Property is situated on a 0.43-acre urban infill site that features an array of walkable amenities, including residential, retail, hotel, dining, public parks, public transportation, and entertainment/sports venues. With a 10 floor parking garage, two of which are leased by the adjoined JW Marriott, the Property offers an above-market parking ratio of 2.00/1,000 SF and the ability to accommodate on-site parking for both tenants and visitors. At 43% occupied, 801 Travis presents investors with an opportunity to create significant value through the lease up of vacant space. The contemplated basis, which will be a fraction of its peer group, will allow new ownership the ability to offer attractive leasing terms to tenants in the market that give the Property a newfound competitive advantage among its peers.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

801 Travis

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

21

BUILDING CLASS

A

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

None

APN/PARCEL ID

0010920000008

ASK ABOUT THIS PROPERTY

Marty HoganJLLMore Info
713-852-3557

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Marty HoganJLLMore Info
713-852-3557

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