Centre One - Class A Office Building
9800 Centre Pky., Houston, TX 77036
- 56,761 Square Feet
- Office
- For Sale
Summary Description
Centre One is a premier, class "A" office building located in southwest Houston on Centre Parkway, with exceptional access to Sam Houston Parkway, US Hwy-59 (Southwest Freeway) and Westpark Tollway. This property consists of 218,312 NRA in an eleven-story office tower, which is 74% leased, and is complimented by a six level parking garage. The garage houses 643 vehicles and an additional 375 surface spaces are available on an adjacent lot; resulting in a generous parking ratio of 4.58/1,000, the highest among competing buildings.
Price: $14,500,000.00
Lot Size: 6.87 Square Feet
Building Size: 218312 Square Feet
Area Available: 56,761 Square Feet
Net Rentable Area:
± 218,312 SF
Year Built:
1983
Percent Occupied:
74%
Parking:
643 Garage and 375 Surface - 1,018 Spaces Total
Parking Ratio:
4.58/1,000 SF
In Place NOI:
$1,150,000 (April 2017 Annualized)
Features:
- Value-add opportunity through mark to market renewals and leasing of vacant space
- Excellent physical condition - roof replaced, passenger elevators and garage elevator upgraded & modernized, new cooling tower, 310-ton chiller replaced in 2016, fully sprinklered and more
- 310-ton chiller replacement in 2016
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