• Broker Jared Chua 7137871975
  • Broker Russell Ingrum 2149796550
  • Broker Patrick Benoist 8179370597
  • Broker Matthew Murphy 2149796156

The Offices at Park 10 16285 Park Ten Place Dr

157,460 SF 64% Leased 4-Star Office Building Houston, TX 77084 For Sale

View Photo

INVESTMENT HIGHLIGHTS

  • HIGH-QUALITY, CLASS A OFFICE WITH STRONG TENANT DRIVERS
  • COMPELLING INVESTMENT PROFILE THAT PROVIDES A HIGH LEVEL OF STABILITY AND AN ATTRACTIVE UPSIDE THROUGH LEASING AND MARK-TOMARKET OPPORTUNITIES
  • STRATEGIC WEST HOUSTON LOCATION WITH A STRONG PRESENT PERFORMANCE

EXECUTIVE SUMMARY

CBRE National Office Partners, as exclusive advisor, is pleased
to present the outstanding opportunity to acquire the fee simple
interest in The Offices at Park Ten (the “Property”) located in
Houston, Texas. The Property totals 314,355 square feet across
two, Class A office buildings. The Offices at Park Ten are 81.0%
leased with 6.7 years of weighted average lease term, providing
an investor with stable in-place cash flow and significant upside
through lease up of the existing vacancy and as below-market
leases roll to market. The offering is being made un-priced and on
an “as-is, where-is” basis.

ATTACHMENTS

Executive Summary Sale Flyer

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
157,460 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1999
Percent Leased
64%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
26,167 SF
Slab To Slab
12’
Building FAR
1.10
Lot Size
3.28 AC
Zoning
None
Parking
500 Spaces (4 Spaces per 1,000 SF Leased)

AMENITIES

  • Fitness Center
  • Property Manager on Site
  • Restaurant
  • Signage
  • Natural Light
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,426 SF
  • Office
  • Partial Build-Out
  • Now
  • 1st Floor
  • 11,705 SF
  • Office
  • Partial Build-Out
  • Now
  • 2nd Floor
  • 11,352 SF
  • Office
  • Partial Build-Out
  • Now
  • 4th Floor
  • 27,429 SF
  • Office
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 5,426 SF Office Partial Build-Out Now
1st Floor 11,705 SF Office Partial Build-Out Now
2nd Floor 11,352 SF Office Partial Build-Out Now
4th Floor 27,429 SF Office Partial Build-Out Now

1st Floor

Size
5,426 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
11,705 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
11,352 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Floor

Size
27,429 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

PROPERTY TAXES

Parcel Number 1145020000002 Improvements Assessment $29,272,291 CAD
Land Assessment $5,156,664 CAD Total Assessment $34,428,955 CAD

Map of 16285 Park Ten Place Dr Houston, TX 77084

ADDITIONAL PHOTOS

View Photo Interior Photo
View Photo Building Photo
View Photo Aerial
View Photo Building Photo

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