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4151 Southwest Fwy

100,731 SF 66% Leased Office Building Houston, TX 77027 $7,900,000 ($78/SF) 6.60% Cap Rate

Investment Highlights

  • On-Site Parking Garage - 3.79 / 1,000 Parking Ratio
  • Buyer Can Occupy 31,000 SF
  • 6.60% Cap Rate on 70% Occupancy - 12.5% Cap on 90% Occupancy

Executive Summary

Located eight miles southwest of Downtown Houston, 4151 Southwest Freeway is a well positioned office building under new dedicated ownership and management. 4151 Southwest Freeway offers well-maintained office space with flexible layouts and tenant improvement allowances providing businesses the opportunity to custom design suites to meet their needs. In 2020, 4151 Southwest Freeway underwent $500,000 in extensive capital improvements, including upgrades to the common areas, building systems, and tenant improvements.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
100,731 SF
Building Class
C
Year Built/Renovated
1970/2020
Price
$7,900,000
Price Per SF
$78
Cap Rate
6.60%
NOI
$521,400
Percent Leased
66%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
14,390 SF
Building FAR
1.52
Lot Size
1.52 AC
Zoning
None
Parking
379 Spaces (3.76 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Property Manager on Site
  • Security System
  • Monument Signage
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 29751610

  • Date on Market: 10/10/2023

  • Last Updated:

  • Address: 4151 Southwest Fwy, Houston, TX 77027

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