Reserve at Westchase_Propriété à vendre
Reserve at Westchase_Propriété à vendre

Reserve at Westchase

3250 Briarpark Dr, Houston, TX, 77042-4240, US

Description de l'actif

JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in Reserve at Westchase (“the Property”), a 76.7% leased 194,919 SF Class A office property anchored by Mattress Firm, the nation-leading mattress retailer. The property features newly renovated tenant amenities with current ownership recently upgrading building systems, catering to West Houston’s flight to quality trend. It’s location is highly accessible to all areas of Houston via Westpark Tollway and Beltway 8. Houston’s finest residential areas (Memorial Villages, Spring Branch, Briar Forest, and River Oaks) are all a short and easy drive from the property due to it’s excellent access. Reserve at Westchase provides the exceptional opportunity to acquire an institutionally owned and maintained asset, well positioned to capture the competitive leasing momentum within West Houston.

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Attributs

Superficie du bâtiment nette
18 109 mètres carrés
Occupation
76,7 %
WAULT
7.5 années
Année de construction
1999
Nombre d'étages
4
Classe du bâtiment
A
Places de parking
833
Superficie du terrain nette
2,67 ha
Stratégie d'investissement
Ajout de valeur

Média

Points forts de l'investissement

  • Premier Location in Houston's Hottest Leasing Market
  • Offered at a Competitive Basis with Significant Discount to Replacement Cost
  • Significant Capital Improvements with Newly Renovated On-Site Amenities
  • Stabilized Cash Flow with Additional Upside Opportunity
  • Well-Positioned to Capitalize on West Houston's Flight to Quality
  • Exceptional Accessibility to Major Thoroughfares
Reserve at Westchase 4_Propriété à vendre
Reserve at Westchase 4_Propriété à vendre

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Dernière mise à jour
13 janv. 2025