808 Travis Street & 815 Walker Street - Office FOR SALE
Houston, TX 77002 |
808 Travis Street & 815 Walker Street
Houston, TX 77002
HIGHLIGHTS
- Interconnected office buildings comprising the Italian Renaissance influenced Niels Esperson Building and the Art Deco-style Mellie Esperson Building.
- Over $14.5 million in recent capital improvements, including a redesigned and upgraded lobby, tunnel access renovations, and much more.
- Occupying a full city block in the geographic center of downtown, this is the most iconic and significant historical building in Houston's CBD.
- Four access points to the Downtown Tunnel System with recently updated tunnel level amenities, food courts, and escalator access.
- ±49.9%-leased with significant upside potential with ±290,878 SF available to lease plus embedded upside as average in-place rents are below market.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Esperson - Historic Downtown Office Asset
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
599107
STORIES
27
BUILDING CLASS
B
YEAR BUILT
1941
SPRINKLERS
-
PARKING SPACES
532
LAND DETAILS
LAND ACRES
1.45 AC AC
LAND SF
63,162 SF
ZONING
-
APN/PARCEL ID
0010910000015
