1250 W. Sam Houston Parkway
1250 Sam Houston Parkway South, Houston, TX, 77047, US
Description
JLL Capital Markets, on behalf of ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in 3411 Richmond (“the Property”) an 82,692 square foot office property located in the Greenway Plaza submarket in Houston, TX. The Property is currently 89% leased and owned by DMC builders, who currently occupies approximately 40% of the building. Upon sale, DMC Builders will enter a short-term (1-2 year) lease back of their space at market rates.
3411 Richmond offers investors a strategic value-add investment that has been well maintained in a highly walkable location via the lease-up of the vacant space.
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Attributes
Rentable area
7,682 m²
Year built
1968
Year renovated
1996
Occupancy
89%
Number of floors
7
Land area net
0.54 ha
Investment strategy
Value Add
Media
Investment Highlights
- Unique Infill User Opportunity
- Opportunity to Capitalize on the RO
- Ability to Increase Leasing Momentum at an Exceptional Basis
- Exceptional Accessibility to Major Thoroughfares
- Irreplaceable Infill Location
- Exceptional Demographics
- Urbanization on all Sides
Contact brokers
3411 Richmond (0 Properties)
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Last updated
9 Jul 2025
