Listed by Avison Young - Houston Galleria
Unpriced
6200 Savoy
Details
Property Type Office
Sub Type Traditional Office
Square Footage 225,444
Occupancy 66.3%
Tenancy Multi
Class B
Year Built 1978
Year Renovated 2009
Stories 12
Acreage 5.040
Investment Type Value Add
Southwest Houston Value-Add Office Investment Opportunity | 6200 Savoy
Marketing description
On-site management & security
Card key access system
Data center, storage room & building
conference room
Second floor deli
Abundant covered parking
Investment highlights
Value-add investment Opportunity
• Currently 66.3% occupied by a highly diversified tenant roster.
• Stable cash flow with value-add upside as market rebounds.
• Strong leasing potential as illustrated by ~60,000 SF of new leases signed since 2020.
• Significant discount to replacement cost.
• Strategic mix of approximately 60 tenants with average lease size of ~2,157 SF with strong concentration in legal, engineering and financial services tenancy.
Listing Contacts
Listed by Avison Young - Houston Galleria
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