Office
Under Contract

Town Center I & II

1450 Lake Robbins Dr, The Woodlands, TX, 77380-3258, US

Executive Summarydownload
Town Center I & II_Property for Sale

Gallery

Town Center I & II 2_Property for Sale

Asset description

Town Center I & II (“the Property) features two class-A office properties totaling 277,871 square feet in the heart of The Woodlands Town Center. Currently 86.0% leased, the Property features a diverse rent roll across both buildings, with multiple corporate headquarter locations amidst the greater Houston MSA’s preferred suburban office submarket: The Woodlands.  With 5.8 years of weighted average lease term remaining and nearly 10 years of weighted average tenure, Town Center I & II offers investors stable contractual cash flow in the near term and an opportunity for significant value creation through the lease-up of vacant space.

Attributes

Building area Net
277,871 sf
Occupancy
86.00%
Year built
1998

Investment highlights

·    Well-Leased Asset With Durable Cash Flow Offering Attractive Contractual Yield

·    Offered At A Competitive Basis And Significant Discount To Replacement Cost

·    Dominant Corporation Hub

·    Highly Diversified Rent Roll

·    Ability To Capture Broad Section Of Tenant Demand

·    Highly Amenitized Class-A Asset Surrounded By A Wealth Of Demand Drivers

·    Iconic Location In The Heart Of The Woodlands

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Last updated
Nov 30, 2022