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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

717 Texas Ave Houston, TX 77002

Property ID
Property summary
AI-generated overview

717 Texas, a LEED Platinum, 33-story office tower in Downtown Houston, offers two exceptional restaurant spaces totaling 2,996 to 6,084 square feet. This $12 million renovated building boasts a stunning new lobby, perfect for attracting clientele. Located within a vibrant, high-traffic environment, these spaces benefit from the building's impressive occupancy rate of 82%, with tenants primarily from the energy, legal, and financial sectors. The building's 700,000 square feet provide a substantial and diverse customer base. Convenient amenities include tunnel access, nine levels of on-site visitor parking, and electric vehicle charging stations. This is a unique opportunity to establish a thriving restaurant business in a prestigious, high-demand location within a modern, sustainable building. The spaces are available for multiple tenants, providing flexibility for various restaurant concepts or collaborative ventures. The building's modern design and prime location in the heart of Downtown Houston ensure high visibility and accessibility for your business. Seize this chance to become part of a thriving community within a landmark building.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Teater James S Law Firm
  • Scott Zindler - Morgan Stanley Financial Advisor
  • Blank Rome LLP Law Firm
  • Laura Owen Pio - Morgan Stanley Financial Advisor
  • The Law Firm Group - Morgan Stanley Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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