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2222 Bay Area Blvd 65,818 SF 45% Leased Office Building Houston, TX 77058 For Sale

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INVESTMENT HIGHLIGHTS

  • Property contains an atrium building with skylights in the lobby
  • Building provides extensive interior landscaping
  • Minutes from Interstate 45 (Gulf Freeway) and located just off the intersection of Bay Area Blvd. and Space Center Blvd
  • There is a glass backed elevator and open staircases
  • There is a card key access system and ample parking provided
  • Surrounded by multiple large Clear Lake institutions like Johnson Space Center, University of Houston – Clear Lake, Baybrook Mall and the Kemah Boardw

EXECUTIVE SUMMARY

User/Investment Opportunity
• Ideally suited for single user or corporate campus in an attractive office submarket.
• Immediate upside through lease up of several second-generation spaces with little need for additional buildout.
• Significant discount to replacement cost.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
65,818 SF
Building Class
B
Year Built
1979
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
32,909 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
4.04 AC
Zoning
None
Parking
260 Spaces (3.95 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Controlled Access
  • Skylights

ABOUT 2222 BAY AREA BLVD , HOUSTON, TX 77058

2222 Bay Area Boulevard is a 65,818 square foot property that sits on 4.04 acres of land. It is located in the NASA/Clear Lake submarket in Houston, Texas. It is a two-story building that is a strong user/investment opportunity due to its little need for additional build out.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Construction
  • 5,000 SF
  • -
  • -

Quorum Software are a leading provider of energy software worldwide powering growth and profitability for energy businesses by connecting people, workflows, and systems with decision-ready data. Twenty five years ago, they delivered the industry’s first software for gas plant accountants, and today their solutions streamline business operations with industry forward data standards and integrations. The global energy industry trusts their expertise and applications to successfully navigate the energy transition while delivering value today and into the future.

  • Engility
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • TASC
  • Professional, Scientific, and Technical Services
  • 500 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Construction 5,000 SF - -
Engility Professional, Scientific, and Technical Services - - -
TASC Professional, Scientific, and Technical Services 500 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 108
  • 5,669 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 200
  • 11,096 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 202
  • 1,260 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 204
  • 3,801 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 208
  • 10,697 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 214
  • 3,809 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 108 5,669 SF Office Full Build-Out Now
2nd Fl-Ste 200 11,096 SF Office Full Build-Out Now
2nd Fl-Ste 202 1,260 SF Office Full Build-Out Now
2nd Fl-Ste 204 3,801 SF Office Full Build-Out Now
2nd Fl-Ste 208 10,697 SF Office Full Build-Out Now
2nd Fl-Ste 214 3,809 SF Office Full Build-Out Now

1st Fl-Ste 108

Size
5,669 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size
11,096 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 202

Size
1,260 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 204

Size
3,801 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 208

Size
10,697 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 214

Size
3,809 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0986480000010
Land Assessment
$3,164,940
Improvements Assessment
$1,500,244
Total Assessment
$4,665,184
  • Listing ID: 18728032

  • Date on Market: 3/3/2020

  • Last Updated:

  • Address: 2222 Bay Area Blvd, Houston, TX 77058

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