Westheimer Central Plaza 11200 Westheimer Rd

CBRE, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire Westheimer Central Plaza (the “Property”), a high-quality, 10-story office building strategically located within the Westchase submarket of Houston, Texas. The Property is currently 63% leased to a diverse tenant base with 1.8 years of weighted average lease term remaining. The Property features aesthetically pleasing exteriors featuring modern glass architecture and a newly renovated interior with abundant natural light and amenities for its tenants. The Property is located in close proximity to numerous retail and dining options with excellent access to Beltway 8, Westpark Tollway and I-10.
Investment Highlights
HIGH-QUALITY, 10-STORY OFFICE BUILDING
* Top-tier neighborhood office building offering a compelling blend of quality and cost-effectiveness for tenants
* Recently renovated lobby and interiors creating a pleasant arrival experience
* Expansive windowlines providing ample natural light into tenant suites
* Efficient, large floorplate (±19,500 SF) design offering tenant optionality

NUMEROUS SURROUNDING RETAIL AND DINING OPTIONS
* Amenitized location within the submarket, offering numerous restaurants and retailers in close proximity
* Ease of access to Beltway 8, Westpark Tollway and I-10

VALUE-ADD OPPORTUNITY VIA LEASE-UP OF IN-PLACE VACANCY
* Immediate value-add opportunity to lease-up ±68,000 SF of available space
* Ideal average suite size 1,825 SF, catering to the most active tenant base in the market | Top-of-building signage opportunities available for larger or full-floor users

OFFERING A COST-EFFECTIVE DESTINATION FOR TENANTS AT A SIGNIFICANT DISCOUNT TO THE COMPETITIVE SET
* Westheimer Central Plaza is ideally positioned to capture an outsized portion of tenant demand and offers a similar and accessible amenity base with asking rents at a discount to the competition