Listed by Avison Young - Houston Galleria
Unpriced
7102 N. Sam Houston Parkway W.
Details
Property Type Office
Sub Type Traditional Office
Square Footage 55,500
Occupancy 67.96%
Year Built 2014
Stories 3
Acreage 3.730
Investment Type Value Add
Dual-Use Investment Opportunity: Office + 20 MW Data Center Potential
Marketing description
Premier Northwest Houston location
- Located in the heart of the West Belt submarket along the frontage road of the N. Sam Houston Parkway W. (Beltway 8).
- Premier Tollway/Beltway exposure and visibility with a daily car count of +/- 150,000 vehicles. Less than a mile from the Beltway 8/Sam Houston Tollway & State Highway 249 (Tomball Parkway) junction.
- Convenient access to Beltway 8/Sam Houston Tollway, State Highway 249 (Tomball Parkway) & U.S. Highway 290 (Northwest Freeway).
- Easy access to several area destinations including George Bush Intercontinental Airport, Sam Houston Race Park, Willowbrook Mall & Vintage Park.
Investment highlights
Value-add investment opportunity
• Currently 67.96% occupied by a diversified tenant base.
• Stable cash flow with value-add upside as market rebounds.
• Majority of the leases have been converted to NNN recovery structure reducing owner’s operating expense obligation.
• Significant discount to replacement cost.
• Opportunity for data center operations with +/- 20 MW of power available.
Listing Contacts
Listed by Avison Young - Houston Galleria
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