Description

JLL Capital Markets, on behalf of ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in Interwood Business Park, located at 15109 Heathrow Forest Parkway (the “Property”), a 63,594-square-foot, two-story office building situated on a 4.26-acre site just south of Houston’s George Bush Intercontinental Airport.

Built in 2009, the Property offers a high-quality rent roll predominantly comprised of GSA tenants, providing strong credit and reliable, government-backed income.

The Property benefits from excellent accessibility, with immediate proximity to Beltway 8, Interstate 69, the Hardy Toll Road, and George Bush Intercontinental Airport, allowing efficient connectivity to Kingwood, The Woodlands, Champions, Humble, and Atascocita—surrounding submarkets characterized by strong residential growth, a stable workforce base, and infrastructure supporting Houston’s broader industrial and logistics economy.

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Attributes

Rentable Square Feet

63,594

Occupancy

77.5%

WALT

7.4 years

Year built

2009

Parking Ratio

4.72/1,000 SF

Number of floors

Land area net

1.72 ha

Media

Investment Highlights

64% of the Occupied Area are Three Government Agencies Boasting a U.S. AA+ S&P Global Credit Rating
Unparalleled Access to City-Wide Connectors
Recent Long Term DHS Renewal of 15 Years, 13 Firm
Abundant Surface Parking
7.4 Years of WALT as of Jan-27
Immediate Opportunity for Leasing Upside with Move in Ready Suites Available