Colliers is pleased to exclusively present for sale to qualified investors the opportunity to acquire 100% fee simple interest in the 3420 Rusk St, Houston, Texas located in Houston’s famous EaDo District. This East Houston Community is a growing part of the city offering a well-planned, high quality community combining entertainment, dining, residential and commercial development. Major employment centers are located nearby as well as many of the city’s sports complexes.
The property consists of approximately 30,627 SF of a one (1) story building offering creative workspaces ranging from 150 to 3,800 SF. The professionally renovated property sits on a full block consisting of ± 1.4357 acres of land.
Investment Highlights
• Strategically located in East Houston and the EaDo District. This area continues to see new residential and commercial development resulting in thriving businesses, entertainment, and Houston’s art community.
• Professionally renovated property resulting in a perfect location and lease space configuration for tenants desiring creative and flexible workspaces for office, retail, artist, and incubator type uses. The property offers attractive common areas, ample surface parking.
• Tenant demand for these lease spaces has historically been strong. Opportunity for attractive rent growth.
• Excellent visibility and access for tenants and visitors.
• Professionally managed and well-maintained tenant and common areas.
• Property encompasses a full block offering future development possibilities.
Stories: One (1) story
Total RSF: ± 30,627 SF
Land area: ±1.4357 acres
Construction: Metallic
Not in a flood zone
Tenancy: Office, retail, commercial workspaces, flex
Occupancy: 89%
Parking: Ample surface parking
Building built: 1960; Renovated: 2017
Warehouse built: 1967; Renovated: 2017
Confidentiality Agreement https://colliershouston.s3.us-east-2.amazonaws.com/CDW/Confidentiality_and_Non-Disclosure_Agreement_3420_Rusk_St_Houston_TX.pdf