Columbia Centre

Houston, Texas

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Building

Stats

  • Property Type Office - Office Building
  • Year built 1983
  • Building size (SF) 167,262
  • Size (Ac) 4.06
  • Price $17,000,000

Overview

VALUE-ADD INVESTMENT OPPORTUNITY

Currently 53.8% occupied by a diversified tenant base with minimal exposure to oil/gas companies. Value-add potential along with stable cash flow. Several stable long-term tenants with multiple renewals and expansions. Strong mix of 10 tenants with average lease size of +/- 8,861 SF. Immediate upside through lease up of several available white-boxed suites. Significant discount to replacement cost. Weighted average lease term is +/- 3.19 years.

Location Map

Team

Jessica S. Alexander

Project Coordinator, Capital Markets
Avison Young - US - TX - Houston
+1 832 746 7909

Darrell L. Betts, CCIM

Principal, Capital Markets
Avison Young - US - TX - Houston
+1 713 515 5001

Downloads

Property Flyer

Confidentiality Agreement

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