Briar Hills Office Building
Houston, Texas
Building
Stats
- Property Type Office - Office Building
- Year built 1983
- Building size (SF) 103,332
- Size (Ac) 3.53
- Price $6,680,000
Overview
Building Amenities
Renovated atrium building with two separate lobbies Security system Controlled access system Garage & surface parking Walking & biking path surrounding the site (Terry Hershey Hike & Bike Trail) Manicured landscaping User/investment opportunity Currently 47.2% occupied by a diversified tenant base of 19 tenants with average lease size of +/- 2,569 SF. Ideally suited for user buyer or as a corporate headquarters. Immediate upside through lease up of several second-generation spaces with little need for additional buildout. Significant discount to replacement cost. Over $1.6MM in capital improvements made to the property since 2017, including lobby renovation, elevator modernization, common corridors and significant tenant improvements.