550 Westlake Park Blvd | Houston, TX 77079
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- LoopNet Team
550 Westlake Park Blvd
Houston, TX 77079
Three WestLake Park · Office Property For Sale
Investment Highlights
- Three Westlake at 550 Westlake Park Boulevard is a trophy office tower in the Energy Corridor, West Houston’s premier suburban office development.
- Current ownership has invested over $1.1 million in 2020 alone for capital improvements, allowing new owners to capture the majority of market share.
- Three Westlake offers significant upside potential at an attractive basis well below replacement cost.
- Single-tenant opportunity for the largest direct contiguous block of Class A office space in the Energy Corridor, with excellent exposure along I-10.
PROPERTY FACTS
Property Type
Office
Building Size
419,671 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1983/2006
Tenancy
Multiple
Building Height
19 Stories
Typical Floor Size
21,465 SF
Building FAR
2.12
Lot Size
4.54 AC
Parking
1,311 Spaces (3.12 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Controlled Access
- Fitness Center
- Property Manager on Site
- Restaurant
- Security System
PROPERTY TAXES
| Parcel Number | 0410360010503 | Improvements Assessment | $14,896,728 |
| Land Assessment | $14,822,400 | Total Assessment | $29,719,128 |
PROPERTY TAXES
Parcel Number
0410360010503
Land Assessment
$14,822,400
Improvements Assessment
$14,896,728
Total Assessment
$29,719,128
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