Description de l'actif
JLL Capital Markets, on behalf of ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in 4126 Southwest Freeway (“the Property”), a 140,012 square foot, medical office property located in the Greenway Plaza submarket in Houston, TX. The Property is currently 70% leased with a well established medical tenancy base and offers investors a strategic value-add investment via repostioning of the asset and lease-up of the current vacancies. The Property’s largest tenant, T-Mobile (21% of NRA), is vacating in September 2024 bringing occupancy to 49.3%. This known vacate enables investors the opportunity to recapture the only space that is currently non-medical use and implement a strategy to re-brand the Property in the marketplace. Additionally, the Property is positioned to benefit from a strengthening Houston medical office market. With direct frontage on Interstate 69, the Property boast one of the best signage opportunities along the entire highway.
Caractéristiques de l'actif
Média
Points clés d'investissement
- HIGHLY ACCESSIBLE LOCATION ALONG SOUTHWEST FREEWAY
- STRONG FUNDAMENTALS IN HOUSTON MEDICAL OFFICE
- IDEAL FLOOR PLATES FOR FULL FLOOR USERS
- IRREPLACEABLE IN-FILL LOCATION WITHIN THE GREENWAY PLAZA SUBMARKET
- ESTABLISHED MEDICAL TENANCY WITH A DIVERSE MIX OF MEDICAL SPECIALTIES
- EXCEPTIONAL VALUE-ADD OPPORTUNITY THROUGH REPOSITIONING AND LEASE UP