3 Northpoint Dr
Houston, TX 77060

The offering is a 43,966 square foot, three-story class B office building 100% leased to the State of Texas since 2003. Standard and Poor’s rates the State of Texas as a AAA credit tenant, even higher than the United States’ credit rating of AA+. This well maintained office building, which generates reliable and secure income, benefits not only from the in-place tenancy, but also from the strong likelihood of tenant renewal, given the property’s importance to the state government and its amenities. The unique location at the intersection of two major freeways provides convenient access for the clients and employees of the Department of Family Protective Services. The subject property is well located at the intersection of Interstate 45 and Sam Houston Parkway. The facility features a key card entry system, and there is a security guard desk in the lobby with two security guards provided by tenant for 24 hours a day. There is gated access to a total of 216 parking spaces. In December 2014 installation was completed on a new fully automatic wet-type sprinkler system.