Historical Office Sale Listing - 7155 Old Katy Rd

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7155 Old Katy Rd

7155 Old Katy Rd, Houston, TX 77024

N/A

119,050 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
119,050 SF
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Multifamily (land)
Medical Office
Office-Business Park
Property Use Type:
Vacant/Owner-User
No. Stories:
2
Building Class:
B
Year Built:
1979
Lot Size:
4.17 AC
Parking Ratio:
3.32 / 1,000 SF
Listing ID
15743424
Last Updated
over 1 year ago

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

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.

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

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Created 6/4/2008