1700 West Loop South_Actifs en vente
1700 West Loop South_Actifs en vente

1700 West Loop South

1700 S Loop W, Houston, TX, 77054, US

Description de l'actif

JLL Capital Markets is pleased to offer for sale 1700 West Loop South (the “Property”), a 94.2% occupied, Class A office tower prominently located in the Galleria submarket of Houston, Texas. The Property is anchored by a full-service engineering firm Burns & McDonnell with 7.2 years of term remaining. Burns & McDonnell ranks as the 7th best engineering and architectural design firm in the United States. The company reached a record $7.3 billion in revenue in 2023 and is currently the second largest civil and structural engineering firm in the Houston MSA.


1700 West Loop South offers tenants a highly visible and strategic location providing convenient access across the region as well as direct access to Houston’s most prestigious residential neighborhoods – River Oaks, the Memorial Villages, and Tanglewood. The Property is located in the heart of the Galleria submarket, which features 24,052 apartments, more than 9,000 hotel rooms, and 6 million square-feet of retail, most of which is within walkable proximity of the Property.

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Caractéristiques de l'actif

Surface de l'actif Net
25 378 m²
Occupation
94 %
Année de construction
1972
Année de rénovation
2021
Taille du terrain Brut
0,63 hectare
WALT
6.7 années
Type d'immeuble
A
Nombre d'étages
14

Média

Points clés d'investissement

  • DURABLE CASH FLOW OFFERING ATTRACTIVE CONTRACTUAL YIELD
  • STABLE RENT ROLL AND CASH FLOW WITH 85% OF THE NRA LEASED FOR 7+ YEARS
  • INDUSTRY LEADING ANCHOR TENANT WITH SIGNIFICANT TERM
  • WALKABLE TO SEVERAL RESTAURANTS AND UPTOWN PARK
  • AMONG HOUSTON'S MOST AFFLUENT RESIDENTIAL NEIGHBORHOODS
  • ENHANCED WALKABILITY
  • CONNECTED HOTEL UNDERGOING LARGE-SCALE RENOVATIONS
1700 West Loop South 4_Actifs en vente
1700 West Loop South 4_Actifs en vente

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Dernière mise à jour
19 nov. 2024