$15.6 Million Non-Performing Orlando Office Loan
US - Orlando, FL
£12,748,000 | 141,125 sf
Asset Description
Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present for sale a 100% fee simple interest in 1415 North Loop West (“the Property”), a 157,794 square foot office building strategically positioned within The Heights in Houston’s North Loop West submarket. The Property is centrally located directly south of the eastbound feeder of 610, between Ella Blvd and N Shepherd Drive, and less than ½ mile from Memorial Hermann Greater Heights Hospital. The building provides multiple convenient points of entry from the freeway which provides easy access to and from Houston’s major business districts, healthcare centers, and residential neighborhoods.
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Attributes
Building area Net
157,794 sf
Occupancy
78.00%
Year built
1982
Land area net
3.41 acres (148,540 sf)
Media
Investment Highlights
- Potential for Medical Office Conversion
- Offered at a Significant Discount to Replacement Cost at Irreplaceable In-Fill Location
- Proximity to Affluent Residential Neighborhoods and High-End Retail
- Significant Investment by Ownership
- Easily Accessible to Population Cores in Infill Houston
- Expanding Residential Base
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1415 North Loop West (0 Properties)
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Last updated
14 Sep 2023
