4550 Post Oak Place Dr - Office FOR SALE


Houston, TX 77027- River Oaks
$20,200,000 USD
843-224-1235
4550 Post Oak Place Dr, Houston, TX for Sale
$20,200,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

4550 Post Oak Place Dr
Houston, TX 77027
River Oaks


HIGHLIGHTS

  • 3.725 Acres Available
  • Unrestricted Redevelopment Opportunity
  • Hotel, Multifamily or Mixed-Use Potential
  • 211,420 SF Existing Office Building
  • 61.45% Occupied with Interim Cash Flow
  • Inside Loop 610 Near River Oaks & Uptown

OVERVIEW

Rare 3.725-acre unrestricted redevelopment opportunity located inside Loop 610 near River Oaks, Uptown and the Galleria. The site is well suited for boutique hotel, luxury multifamily, condominium or mixed-use development. The existing 211,420 SF office building is currently 61.45% occupied, providing interim cash flow while redevelopment plans are finalized. Redevelopment lease provisions offer added flexibility ahead of tenant terminations in December 2027.

FOR SALE DETAILS

PRICE

$20,200,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

152

LAND DETAILS

LAND ACRES

3.73 AC

LAND SF

162,479 SF

ZONING

None

APN/PARCEL ID

1040890000004

ASK ABOUT THIS PROPERTY

Sullivan JohnstonAvison YoungMore Info
843-224-1235

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Sullivan JohnstonAvison YoungMore Info
843-224-1235

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