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Westchase Place 11200 Richmond Ave

151,711 SF 51% Leased 4-Star Office Building Houston, TX 77082 For Sale

Investment Highlights

  • Access OM https://my.rcm1.com/handler/modern.aspx?pv=m0bTCoIxN_lozYNjrik00z0oAdqv0QlWLAJ1FAnX3wl-fggqIuTaLVUDafOrtl9or5uIizs1qrtOFveI6AUp6w#_top
  • NOI (Year 1) $355,949
  • NRA ±151,711
  • Asset Type Muti-tenant Office
  • Occupancy / Leased 51%
  • Land Area ±4.786 acres

Executive Summary

Value-Add Investment Opportunity
Located in the heart of Houston, Texas
Premier Location
Institutionally Owned | Class A Office Asset
Colliers is pleased to present the exclusive opportunity to acquire the fee-simple interest in Westchase Place (“ the Property”), a mid-rise office building with convenient access to Beltway 8, Westpark Tollway and Westheimer Rd., Providing easy access to major thoroughfares in Houston. An outstanding opportunity for investors seeking a high quality, strategically located office asset in one of Houston’s most attractive business districts.
Investment Highlights:
• Energy Efficiency: The property holds an impressive Energy Star® Rating of 82, achieved in 2010, 2012, and recertified in 2013, reflecting its commitment to energy efficiency and sustainability.
• Prime Westchase Location: Strategically situated in the highly sought-after Westchase District, the property offers unparalleled access to major highways, business hubs, and local amenities.
• Capital Improvements: The property has benefited from approximately $8 million in capital upgrades over the last decade, maintaining its competitive edge in the market.
• Proximity to Amenities: The building is surrounded by a vast array of restaurants, hotels, and retail options, making it a prime location for business professionals and clients.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
151,711 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1999/2013
NOI
$355,949
Percent Leased
51%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
25,285 SF
Slab To Slab
12’
Building FAR
0.73
Lot Size
4.79 AC
Zoning
None
Parking
4.43 Spaces per 1,000 SF Leased

Amenities

  • Controlled Access
  • Property Manager on Site
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 6,128 SF
  • Office
  • Full Build-Out
  • 120 Days

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 6,128 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 1st Fl-Ste 160
  • 1,266 SF
  • Office
  • -
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 1,266 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 1st Fl-Ste 175
  • 3,625 SF
  • Office
  • Full Build-Out
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 3,625 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 2nd Fl-Ste 200
  • 10,623 SF
  • Office
  • -
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 10,623 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 2nd Fl-Ste 230
  • 2,542 SF
  • Office
  • -
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 2,542 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 2nd Fl-Ste 240
  • 1,074 SF
  • Office
  • Full Build-Out
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 1,074 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 2nd Fl-Ste 250
  • 8,114 SF
  • Office
  • -
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 8,114 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 3rd Fl-Ste 310
  • 4,692 SF
  • Office
  • -
  • 30 Days

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 4,692 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 3rd Fl-Ste 340
  • 4,920 SF
  • Office
  • Full Build-Out
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 4,920 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 4th Fl-Ste 410
  • 4,103 SF
  • Office
  • Full Build-Out
  • Jul 2025

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 4,103 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 4th Fl-Ste 430
  • 3,766 SF
  • Office
  • Full Build-Out
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 3,766 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 4th Fl-Ste 450
  • 3,000-12,600 SF
  • Office
  • -
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. With up to 12,600 SF of office space, this offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

  • 6th Fl-Ste 600
  • 25,884 SF
  • Office
  • -
  • Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 25,884 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

Space Size Space Use Condition Available
1st Fl-Ste 100 6,128 SF Office Full Build-Out 120 Days
1st Fl-Ste 160 1,266 SF Office - Now
1st Fl-Ste 175 3,625 SF Office Full Build-Out Now
2nd Fl-Ste 200 10,623 SF Office - Now
2nd Fl-Ste 230 2,542 SF Office - Now
2nd Fl-Ste 240 1,074 SF Office Full Build-Out Now
2nd Fl-Ste 250 8,114 SF Office - Now
3rd Fl-Ste 310 4,692 SF Office - 30 Days
3rd Fl-Ste 340 4,920 SF Office Full Build-Out Now
4th Fl-Ste 410 4,103 SF Office Full Build-Out Jul 2025
4th Fl-Ste 430 3,766 SF Office Full Build-Out Now
4th Fl-Ste 450 3,000-12,600 SF Office - Now
6th Fl-Ste 600 25,884 SF Office - Now

1st Fl-Ste 100

Size
6,128 SF
Space Use
Office
Condition
Full Build-Out
Available
120 Days

1st Fl-Ste 160

Size
1,266 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 175

Size
3,625 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size
10,623 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 230

Size
2,542 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 240

Size
1,074 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 250

Size
8,114 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 310

Size
4,692 SF
Space Use
Office
Condition
-
Available
30 Days

3rd Fl-Ste 340

Size
4,920 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 410

Size
4,103 SF
Space Use
Office
Condition
Full Build-Out
Available
Jul 2025

4th Fl-Ste 430

Size
3,766 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 450

Size
3,000-12,600 SF
Space Use
Office
Condition
-
Available
Now

6th Fl-Ste 600

Size
25,884 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 100

Size 6,128 SF
Space Use Office
Condition Full Build-Out
Available 120 Days

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 6,128 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

1st Fl-Ste 160

Size 1,266 SF
Space Use Office
Condition -
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 1,266 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

1st Fl-Ste 175

Size 3,625 SF
Space Use Office
Condition Full Build-Out
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 3,625 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

2nd Fl-Ste 200

Size 10,623 SF
Space Use Office
Condition -
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 10,623 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

2nd Fl-Ste 230

Size 2,542 SF
Space Use Office
Condition -
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 2,542 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

2nd Fl-Ste 240

Size 1,074 SF
Space Use Office
Condition Full Build-Out
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 1,074 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

2nd Fl-Ste 250

Size 8,114 SF
Space Use Office
Condition -
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 8,114 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

3rd Fl-Ste 310

Size 4,692 SF
Space Use Office
Condition -
Available 30 Days

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 4,692 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

3rd Fl-Ste 340

Size 4,920 SF
Space Use Office
Condition Full Build-Out
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 4,920 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

4th Fl-Ste 410

Size 4,103 SF
Space Use Office
Condition Full Build-Out
Available Jul 2025

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 4,103 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

4th Fl-Ste 430

Size 3,766 SF
Space Use Office
Condition Full Build-Out
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 3,766 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

4th Fl-Ste 450

Size 3,000-12,600 SF
Space Use Office
Condition -
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. With up to 12,600 SF of office space, this offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

6th Fl-Ste 600

Size 25,884 SF
Space Use Office
Condition -
Available Now

Elevate your business in the vibrant and highly desirable Westchase Place business center. This 25,884 SF office space offers the perfect blend of functionality and style, ideal for growing businesses looking for a professional environment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1144110080001
Land Assessment
$10,424,100
Improvements Assessment
$2,550,161
Total Assessment
$12,974,261
  • Listing ID: 33691114

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 11200 Richmond Ave, Houston, TX 77082

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