Office

Sugar Creek Place I

14100 Southwest Fwy, Sugar Land, TX, 77478-3466, US

Executive Summarydownload
Sugar Creek Place I_Property for Sale

Gallery

Sugar Creek Place I 2_Property for Sale

Asset description

JLL, as exclusive advisor to the owner, is pleased to offer for sale Sugar Creek Place I, a 151,772 square foot, Class A office building located in Sugar Land, one of Houston’s most sought-after and best performing suburbs. The six-story property is 42.2% leased with 1.8 years of weighted average remaining lease term and offers a 3.9 per 1,000 square foot parking ratio in a four-story, pre-cast concrete structured parking garage. At its current occupancy, Sugar Creek Place I offers the most attractive value-add investment opportunity in suburban Houston. Its premier location along Highway 59 combined with the Property’s efficient floor plates creates the ideal suburban Class-A office environment and the greatest potential for a user opportunity in Sugar Land.

Attributes

Building area Net
151,772 sf
Occupancy
42.00%
Year built
1998
Land area Net
3.67 acres (159,865 sf)

Investment highlights

  • IMMEDIATE UPSIDE POTENTIAL AT AN ATTRACTIVE BASIS
  • SIGNIFICANT DISCOUNT TO REPLACEMENT COST
  • MAINTAINED TO THE HIGHEST QUALITY
  • OUTSTANDING ACCESS AND VISIBILITY
  • DOMINATE CORPRATE HUB
  • ONE OF AMERICA'S BEST PLACES TO LIVE
  • HOUSTON: NATION LEADING GROWTH
Sugar Creek Place I 4_Property for Sale
Sugar Creek Place I 4_Property for Sale

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Last updated
Aug 23, 2022