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6200 Savoy Dr
Houston, TX 77036
Regency Square Tower · Office Property For Sale
Executive Summary
Value-add investment Opportunity
• Currently 68.2% occupied by a highly diversified tenant roster.
• Stable cash flow with value-add upside as market rebounds.
• Strong leasing potential as illustrated by ~60,000 SF of new leases signed since 2020.
• Significant discount to replacement cost.
• Strategic mix of approximately 58 tenants with average lease size of ~2,239 SF with strong concentration in legal, engineering and financial services tenancy.
• Currently 68.2% occupied by a highly diversified tenant roster.
• Stable cash flow with value-add upside as market rebounds.
• Strong leasing potential as illustrated by ~60,000 SF of new leases signed since 2020.
• Significant discount to replacement cost.
• Strategic mix of approximately 58 tenants with average lease size of ~2,239 SF with strong concentration in legal, engineering and financial services tenancy.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
225,444 SF
Building Class
B
Year Built/Renovated
1978/2009
Percent Leased
68%
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
18,787 SF
Slab To Slab
12’
Building FAR
1.03
Lot Size
5.04 AC
Zoning
Commerical
Parking
790 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Restaurant
- Security System
- Raised Floor System
Property Taxes
| Parcel Number | 1048500000004 | Improvements Assessment | $6,829,533 |
| Land Assessment | $3,289,875 | Total Assessment | $10,119,408 |
Property Taxes
Parcel Number
1048500000004
Land Assessment
$3,289,875
Improvements Assessment
$6,829,533
Total Assessment
$10,119,408
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