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Property profile & analytics
OFF-MARKET
Office Spaces

700 Louisiana St South Houston, TX 77587

30,003 SF
Property ID
Property summary
AI-generated overview

This exceptional 30,003-square-foot executive office suite is ideally situated in the heart of Downtown Houston. Occupying an entire single-tenant building, this eight-story property offers unparalleled convenience and prestige. The space is currently vacant and ready for immediate occupancy. Amenities include an on-site coffee bar, a state-of-the-art conference center, a fully equipped fitness center, and a comfortable tenant lounge, catering to the needs of discerning professionals. The building's strategic location provides easy access to a multitude of nearby retailers and restaurants, enhancing the overall work experience. Convenient parking is available both on-site and in nearby garages, including the Alley Theatre Garage, with options for unreserved ($160/space/month) and reserved ($200/space/month) spaces at a ratio of one parking space per 1,000 square feet of leased space. The building also boasts a direct connection to the city's underground tunnel system, providing seamless access to various parts of the downtown area. The lease term is negotiable, with options available through September 30, 2027, or February 29, 2036. Operating expenses are $16.07 per rentable square foot. Existing furniture is available for purchase or lease. Located in Harris County, this property presents a unique opportunity for a business seeking a prominent and well-appointed office space in a vibrant urban setting.

Property profile
Verified
Property type Office Spaces
Total area 30,003 SF
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
  • Houston Erectile Dysfunction Doctor Medical Clinic
  • Jam Down Record's inc Music Venue
  • Water Damage Restoration PDQ of Houston Hardware & Home Improvement Construction Company
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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