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535 West 20th 535 W 20th St

11,300 SF 100% Leased Office Building Houston, TX 77008 For Sale

Investment Highlights

  • Irreplaceable infill location in the Houston Heights: a must-have retail market
  • Two tenant asset creates ease of ownership
  • Incredible basis well-below replacement cost
  • Close proximity to leading retail centers: 19th Street, Heights Waterworks, & Shepherd Street
  • Immediate adjacency to 1,000 multi-family units

Executive Summary

JLL is pleased to present 535 W 20th Street, a 11,300 square foot asset located in Houston’s dense inner-loop, less than two miles from Downtown Houston. Built in 1973 and renovated in 2017, the Property sits ideally along the highly trafficked 20th Street and Lawrence Street. The Property is centered in the heart of the Greater Heights area, benefiting from the cities latest retail and residential growth. The Greater Heights has recently become a coveted submarket after substantial capital investments transformed the Heights into an ultra-trendy, upscale entertainment district. With premier tenancy, the offering presents investors stable, long-term cash flow at a basis well below replacement cost. Surrounded by numerous upscale multi-family projects and modern retail centers, the offering presents the rare opportunity to acquire a stabilized asset in an irreplaceable infill location.

Attachments

535 W 20th_Flyer

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
11,300 SF
Building Class
B
Year Built/Renovated
1973/2017
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,650 SF
Building FAR
0.58
Lot Size
0.45 AC
Zoning
CS, Harris
Parking
31 Spaces (2.74 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 205
  • 775 SF
  • Office
  • Spec Suite
  • 30 Days
  • 2nd Fl-Ste 210
  • 349 SF
  • Office
  • Partial Build-Out
  • 30 Days
  • 2nd Fl-Ste 215
  • 280 SF
  • Office
  • Full Build-Out
  • 30 Days
  • 2nd Fl-Ste 235B
  • 1,050 SF
  • Office
  • Spec Suite
  • 30 Days
  • 2nd Fl-Ste 250
  • 1,175 SF
  • Office
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
2nd Fl-Ste 205 775 SF Office Spec Suite 30 Days
2nd Fl-Ste 210 349 SF Office Partial Build-Out 30 Days
2nd Fl-Ste 215 280 SF Office Full Build-Out 30 Days
2nd Fl-Ste 235B 1,050 SF Office Spec Suite 30 Days
2nd Fl-Ste 250 1,175 SF Office Full Build-Out 30 Days

2nd Fl-Ste 205

Size
775 SF
Space Use
Office
Condition
Spec Suite
Available
30 Days

2nd Fl-Ste 210

Size
349 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

2nd Fl-Ste 215

Size
280 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 235B

Size
1,050 SF
Space Use
Office
Condition
Spec Suite
Available
30 Days

2nd Fl-Ste 250

Size
1,175 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days
Walk Score ®
Walker's Paradise (92)
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: 32274099

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 535 W 20th St, Houston, TX 77008

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