4126 Southwest Freeway _Property for Sale
4126 Southwest Freeway _Property for Sale
4126 Southwest Freeway, Houston, TX, 77027, US

4126 Southwest Freeway

Asset description

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.

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Attributes

Building area net
13,008 sm
Year built
1979
Year renovated
2012
Occupancy
70%
Floors
17 floors
Land area gross
0.6 ha
Parking spaces
960
WAULT
5.5 years
Investment strategy
Value Add

Media

Investment highlights

  • 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
4126 Southwest Freeway  4_Property for Sale
4126 Southwest Freeway  4_Property for Sale

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4126 Southwest Freeway (0 Properties)

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Last updated
May 16, 2024