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    11111 Richmond Ave Houston, TX 77082

    Sponsored
    For Lease
    $16 SF/Yr

    Prime Westchase location, multiple suites available.

    Lot size:
    96,223 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    The Colonnade offers exceptional office space in the heart of Westchase, Harris County. This traditional office building boasts a total of 96,223 square feet, with six available suites ranging from 1,523 to 21,816 square feet, perfect for businesses of various sizes. Its enviable location at the corner of Richmond and Wilcrest provides unparalleled access to major thoroughfares, including the Beltway 8 and Westpark Tollways, ensuring seamless commutes for employees and clients. The building's prime position places it just two blocks from these vital roadways, offering convenient connectivity throughout the Houston metropolitan area. Enjoy the convenience of nearby amenities, including a US Post Office, UPS stores, a wide array of restaurants (such as Bistro le Cep and Jason's Deli), retail options, including Whole Foods and the Westchase Shopping Center, and hotels like the Comfort Suites. The Colonnade itself features a unique and inviting skylit, flagstone-lined garden, providing a tranquil and aesthetically pleasing environment for tenants and their guests. This property is situated on a major Metro route, enhancing accessibility for employees utilizing public transportation. The building's location within the Westchase submarket, a thriving business hub in Southwest Houston, offers proximity to numerous other businesses and entertainment venues. This is a truly exceptional opportunity to secure high-quality office space in a highly desirable and convenient location.

    Property Features for 11111 Richmond Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,223 SF
    Total Rate
    132306.63

    Unit(s) available at that property

    Space
    Suite 100A
    Size
    1,523 SF
    Rate per SF
    $17
    Space
    Suite 101
    Size
    1,545 SF
    Rate per SF
    $17
    Space
    Suite 125
    Size
    3,547 SF
    Rate per SF
    $17
    Space
    Suite 100
    Size
    1,686 SF
    Rate per SF
    $18
    Space
    Suite 210
    Size
    21,816 SF
    Rate per SF
    $16
    Space
    Suite 300
    Size
    19,110 SF
    Rate per SF
    $17

    HighLights

    • 96,223 SF office building in the Westchase submarket of Harris County.
    • Multiple tenant occupancy with 6 suites available, ranging from 1,523 SF to 21,816 SF.
    • Prime Westchase location at Richmond & Wilcrest, two blocks from Beltway 8 & Westpark Tollways.
    • Amenities include a skylit, flagstone garden.
    • Excellent access to restaurants, retail, and hotels, including nearby Whole Foods and Westchase Shopping Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Biosensor Equipment, LLC Medical Equipment Supplier ZT Construction Construction Company The Colonnade Corporate Office Walden Dental Dentist Exacta Land Surveyors ... Land Surveyor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.572362951004
    Latitude
    29.727405438083

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Westchase location, multiple suites available.
    Where is this office property / space located?
    The property is located at 11111 Richmond Ave Houston, TX.
    What is the lease rate?
    The lease rate is $16-$18 SF/Yr.
    What are key features of this property?
    This property features: 96,223 SF office building in the Westchase submarket of Harris County.; Multiple tenant occupancy with 6 suites available, ranging from 1,523 SF to 21,816 SF.; Prime Westchase location at Richmond & Wilcrest, two blocks from Beltway 8 & Westpark Tollways.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11111 Richmond Ave Houston, TX 77082
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