This property is Off-Market

7155 Old Katy Rd
Houston, TX 77024 ·

119,050 SF · Office For Sale

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7155 Old Katy Rd

Price N/A No. Stories 2
Building Size 119,050 SF Building Class B
Property Type Office Year Built 1979
Property Sub-type
Office Building
More...
  • Multifamily (land)
  • Medical Office
  • Office-Business Park
Lot Size 4.17 AC
Property Use Type Vacant/Owner-User Parking Ratio 3.32 / 1,000 SF
Listing ID: 15743424 Date Created: 06/04/2008 Last Updated: 06/22/2012

Description

Two (2) - two (2) story class "B" office buildings containing a total of 89,934 rentable square feet on over 4 Acres. Buildings are connected on both floors by an enclosed breezeway. Well-maintained with over extensive capital improvements since 2001. Facade is white masonry and glass. Parking ratio of 3.32. Fully fenced with wrought iron access gates.

Just 6 miles west of the CBD and atop the Galleria submarket. The location benefits greatly from good access to the expanding Interstate 10 and the 610 Loop.

Highlights

  • Excellent user purchase opportunity
  • In-fill location
  • Well below replacement cost
  • Galleria/Uptown sub-market
  • below market rents in sub-market @ 92% occ
  • Value-add opportunity - 1031 Exchange

Research

7155 Old Katy Rd, Houston, TX 77024 (Harris County)

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