Chase Bank Building
Humble, Texas
Property Overview
Stats
- Property Type Office - Office Building
- Building size (SF) 46,883
- Size (Ac) 2.81
- Class B
- Number of Stories 4
- Year Built/Renovated 1983/2003/2023
- Percent Leased 87.4%
- Parking 4.57/1,000
- Submarket Kingwood/Humble
Value-add investment opportunity
Anchored by a long term, credit anchored tenant, J.P. Morgan Chase Bank, with options to renew through 2041.
Currently 87.4% occupied by twenty tenants with a remaining weighted average lease term of +/- 3.14 years.
Strong lease-up potential as indicated by new leases, renewals, and/or expansions signed for all tenants since 2018.
Assured cash flow growth through $0.50+ PSF contractual rent increases in 70% of the leases.
Building amenities
Atrium style lobby building
Full-service bank & an eight-lane drive-up motor bank with freestanding ATM
Stair step architectural design with balconies on the freeway facing side of the building
Settled within the Class A shopping center, Humblewood Shopping Center
Ample parking
Manicured landscaping
