Timberway One_Property for Sale
Timberway One_Property for Sale
15990 N Barkers Landing Rd, Houston, TX, 77079-2466, US

Timberway One

Asset Description

JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in Timberway One (“the Property”), a 93,578 SF Class B office property located in the heart of the Energy Corridor submarket of West Houston, one of the hottest leasing markets in the United States. The property’s location is highly accessible to all areas of Houston with immediate access to Interstate 10 and Highway 6.


The Property sits in a highly amenitized micro-market, surrounded by leading residential neighborhoods including Memorial Villages and Eldridge Oaks, as well as countless retail and dining options. Currently 92% occupied with 4.9 years of remaining lease term, Timberway One offers the opportunity to acquire a stabilized asset with additional upside via lease up at a fraction of replacement cost.


The asset is well-positioned to benefit from the Energy Corridor’s exceptional leasing velocity and capture tenants in the market looking to locate West.

...

Attributes

Building area net
8,694 m²
Occupancy
92%
Number of floors
3
Year built
1983
Land area net
1.38 ha
WAULT
4.9 years
Building class
B
Investment strategy
Value Add

Media

Investment Highlights

  • Value-Add Opportunity Below Replacement Cost
  • Highly Amenitized Location with Exceptional Accessibility
  • Premier Energy Corridor Location
  • Diversified Rent Roll
  • Common Long Term Tenency
  • Proximity to Houston's Top Employees


Timberway One 4_Property for Sale
Timberway One 4_Property for Sale

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Timberway One (0 Properties)

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Last updated
23 Sep 2024