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Loop Central 3 Office Properties in Houston, TX
Investment Highlights
- The portfolio presents significant upside through the lease-up of remaining vacancy at competitively attractive terms.
- Tenants enjoy a comprehensive amenity package featuring a modern conference center, upgraded fitness facility, and indoor/outdoor lounge areas.
- Investors benefit from stable in-place cash flow supported by a well-staggered lease rollover schedule that minimizes near-term risk.
- Located along Houston’s prominent West Loop corridor, the property provides immediate connectivity to major thoroughfares and prime access to the Gall
Executive Summary
JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Loop Central (the “Property”), a prominent, three-building office campus within the West Loop/Galleria submarket of Houston, Texas. The asset consists of 574,944 rentable square feet and is currently 64.9% occupied with a 5.0-year weighted average lease term remaining. Strategically situated along the 610 West Loop, the Property offers exceptional visibility and superior access to Houston’s premier residential enclaves, including Tanglewood and River Oaks. This investment provides a unique value-add opportunity to capitalize on the robust leasing momentum in Houston through the lease-up of available space at an attractive basis. Loop Central represents a rare chance to acquire a scale-driven office asset with a clear path to significant appreciation in Houston’s most active infill submarket.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 575,246 SF |
| Number of Properties | 3 | Total Land Area | 8.23 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 575,246 SF |
| Total Land Area | 8.23 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Loop Central 3
4828 Loop Central Dr, Houston, TX 77081 |
Office | 198,946 SF | 1989 | - |
|
Loop Central 2
4848 Loop Central Dr, Houston, TX 77081 |
Office | 198,170 SF | 1981 | - |
|
Loop Central 1
4888 Loop Central Dr, Houston, TX 77081 |
Office | 178,130 SF | 1980 | - |
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