One West Belt

Houston, Texas

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Building

Stats

  • Property Type Office - Office Building
  • Year built 1982
  • Building size (SF) 100,689
  • Size (Ac) 6.36
  • Price $8,000,000

Overview

Building Amenities

Beautiful granite lobby entrance On-site security guard station Security system Controlled access system Vending machine area Covered/controlled access parking available On-site management Manicured landscaping Owner/user investment opportunity • Currently 66.9% occupied by 36 tenants with an average lease size of +/- 1,840 SF. • Over $450,000 in Capital Improvements since 2021, including new roof and HVAC updates (chiller and coil replacement). • Strong re-lease potential as indicated by new leases and renewals since 2020, averaging over three-year terms. • Immediate upside with lease up of many second-generation spaces, little need for additional buildout. • Assured cash flow growth through contractual rent increases in most leases. • Strong, diversified tenant base among industries, such as communications, healthcare, legal, and real estate.

Location Map

Team

Jessica S. Alexander
Jessica S. Alexander
Project Coordinator, Capital Markets
Avison Young - US - TX - Houston
+1 832 746 7909
Darrell L. Betts, CCIM
Darrell L. Betts, CCIM
Principal, Capital Markets
Avison Young - US - TX - Houston
+1 713 515 5001

Downloads

Property Flyer

Confidentiality Agreement

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