713-425-5839
919 Milam St, Houston, TX for Sale
Office - FOR SALE
1/11
null | Request Cap Rate

919 Milam St
Houston, TX 77002
Skyline District


HIGHLIGHTS

  • Fully-Amenitized, Walkable Location
  • Office-To-Residential Conversion Potential
  • Ideally Positioned at the Center of Houston CBD Tunnel System
  • Significant Capital Investment by Past and Current Ownership
  • VIP Parking Experience
  • Best in Class On-Site Amenities

OVERVIEW

JLL Capital Markets, as exclusive advisor to the owner, is pleased to present the opportunity to purchase a 100% fee simple interest in 919 Milam, a historic office tower in the Houston CBD. At well below replaced cost, the Property offers investors flexibility to add-value via office lease-up or a potential conversion. 919 Milam is a 542,919 square foot LEED Gold office building built in 1956, and is located on the central loop of the 7-mile pedestrian tunnel-skywalk network in Houston's CBD. The Property is currently 19.8% leased with 364 parking spaces in its spacious garage that includes 26 VIP spaces on the ground floor. 919 Milam has been maintained to the highest quality by current ownership, offering best-in-class onsite amenities to tenants. With a fully equipped fitness center, modernized conference lounge areas, 24/7 onsite security and more, the asset creates a truly amenity rich environment that tenants in the market are continuously seeking.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

919 Milam

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

24

BUILDING CLASS

A

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

None

APN/PARCEL ID

0011410000001

ASK ABOUT THIS PROPERTY

713-425-5839

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713-425-5839

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