214-979-6156
11200 Richmond Ave, Houston, TX for Sale
Office - FOR SALE
1/32
null | Request Cap Rate

11200 Richmond Ave
Houston, TX 77082
Westchase


HIGHLIGHTS

  • Lender Sale: Value-Add Investment Opportunity with Exceptional Value
  • Quality asset offering exceptional value
  • Advantageous location within the submarket
  • Attractive investment profile

OVERVIEW

CBRE is pleased to present the opportunity to acquire Westchase Place (the “Property”), a quality office property located at 11200 Richmond Ave in Houston’s coveted Westchase District (“Westchase” or the “District”). Built in 1999, the Property is comprised of a six-story office building with 151,711 net rentable square feet of Class A office space. The Property also includes a three-level structured garage and covered surface parking that total to provide an above-market parking ratio of 4.43 per 1,000 square feet of rentable area. Institutionally-owned and maintained, the Property provides investors the value-add opportunity to increase occupancy and drive rents, while maintaining a diverse and loyal base of existing tenancy. 11200 Richmond features a strategic location along Richmond Avenue in the western portion of the Westchase District. Located on a 4.79-acre site on the north side of Richmond Avenue, the Property has convenient access to the amenity-rich Westchase district, as well as the Sam Houston Tollway to the east and Westpark Tollway to the South. The offering is being made on an un-priced and as-is basis.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Westchase Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.79 AC

LAND SF

208,652 SF

ZONING

None

APN/PARCEL ID

1144110080001

ASK ABOUT THIS PROPERTY

Matthew MurphyCushman & Wakefield US, Inc.More Info
214-979-6156

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Matthew MurphyCushman & Wakefield US, Inc.More Info
214-979-6156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.