2.32 Acres 610 Loop

2300 West Loop South, Houston, TX, 77056, US

Descripción

Jones Lang LaSalle (“JLL”), on behalf of the owner, is pleased to present a premier 2.32-acre development site fronting the 610 Loop in the prestigious Uptown/ Galleria submarket. The Uptown/Galleria submarket receives over 30 million visitors annually, attracted by Class A office, vast array of retail, and luxurious hotel room accommodations. The Property benefits from frontage on the 610 Loop providing exceptional visibility to 223,325 vehicles and surrounded by an affluent demographic with $190,008 average household income within a 1-mile radius. The Property is currently improved as an Extended Stay Hotel, allowing the future purchaser some unique optionality in the redevelopment of the property. Given the dense and luxurious amenities available in the Uptown/Galleria area, there are limited comparable development opportunities. The 2.32 acres represents an outstanding development opportunity for investors to enter this premier submarket that has become the new entertainment hub of Houston.

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Atributos

SITE SIZE

2.32 Acres

PROPERTY

Extended Stay Hotel | 137 Keys | 64,692 SF

Media

Aspectos destacados de la inversión

Ideal Development Site with Optionality
2.32 AC is large enough for most developments
Office, Condominium, Hospitality, Multifamily, Retail
Unmatched Access and Visibility Along 610 Loop
Frontage on well-connected 610 Loop to Greater Houston
Highly visible to traffic with 223,325 vehicles per day
Center of Houston Migration
Houston’s population has shifted westward
Energy Transfer, Enbridge, LyondellBasell, and First Reserve recently moved to Uptown/Galleria
Exceptional Retail and Entertainment Amenities
27 restaurants within a 5-minute drive
Surrounded by retail hubs like The Galleria, Uptown Park, River Oaks District, and Highland Village