Northwest One

Houston, Texas

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Building

Stats

  • Property Type Office - Office Building
  • Year built 1982
  • Building size (SF) 126,775
  • Size (Ac) 4.29
  • Price $9,000,000

Overview

Building Amenities

6-story building with a two-story atrium style lobby On-site property management, engineering staff & guard service On-site banking with motor bank Attached parking garage Card key access system & security cameras Manicured landscaping Owner/user investment opportunity • Currently 56.63% occupied by 18 tenants with an average lease size of +/- 4,223 SF. • Immediate upside with lease up of many second-generation and spec suites, little need for additional buildout. • Strong re-lease potential as indicated by new leases and renewals since 2021, averaging over three-year terms. • Assured cash flow growth through contractual rent increases in most leases. • Strong, diversified tenant base among industries, such as banking, healthcare, legal, and logistics.

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

Confidentiality Agreement

Property Flyer

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