9009 West Loop South 472,847 SF 100% Leased Office Building Houston, TX 77096 For Sale
EXECUTIVE SUMMARY
Adaptive reuse investment opportunity
Former US Headquarters for Saudi Aramco, ripe for assisted-living/care facilities, senior living and/ or memory care conversion.
Market data shares that nearby senior living communities experience vacancies of less than 8% and for assisted living/care facilities the vacancy drops to 0%.
Other possible conversion potential uses – skilled nursing, hospice, in-patient behavioral healthcare facility and other acute treatment facility.
Former US Headquarters for Saudi Aramco, ripe for assisted-living/care facilities, senior living and/ or memory care conversion.
Market data shares that nearby senior living communities experience vacancies of less than 8% and for assisted living/care facilities the vacancy drops to 0%.
Other possible conversion potential uses – skilled nursing, hospice, in-patient behavioral healthcare facility and other acute treatment facility.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
472,847 SF
Building Class
B
Year Built/Renovated
1975/2014
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
36,598 SF
Slab To Slab
11’
Building FAR
1.62
Lot Size
6.69 AC
Parking
456 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Controlled Access
- Conferencing Facility
- Food Service
- Property Manager on Site
- Restaurant
- Security System
PROPERTY TAXES
| Parcel Number | 0992440000001 | Improvements Assessment | $1,870,441 |
| Land Assessment | $7,282,175 | Total Assessment | $9,152,616 |
