11200 Westheimer Rd Houston, TX 77042

Property Details for 11200 Westheimer Rd

Lot size

2.91 lot acres

Property size

182,506 SF

Property type

Office Properties & Spaces

Description

This exceptional 10-story, Class B office building, Westheimer Central Plaza, presents a compelling value-add investment opportunity in Houston's Westchase submarket. Located at 11200 Westheimer Rd, Houston, TX 77042, this 182,506 square foot property sits on a 2.91-acre lot and offers 3 parking spaces per 1,000 square feet. Currently 63% occupied with a diverse tenant base, the building boasts a weighted average lease term of 1.8 years remaining. The property features a recently renovated lobby and interiors, abundant natural light, and efficient, large floorplates (approximately 19,500 square feet). Its prime location provides easy access to Beltway 8, Westpark Tollway, and I-10, along with numerous nearby retail and dining options. The asking price is $7,300,000, translating to $40 per square foot. Significant lease-up potential exists for approximately 51,000 square feet of available space, with ideal average suite sizes of 1,825 square feet. Top-of-building signage opportunities are also available. This property offers a cost-effective destination for tenants, presenting a significant discount compared to competitors while maintaining a similar amenity base. The building's aesthetically pleasing exterior features modern glass architecture.

Location Insight

City

Houston

County

Harris

State

Texas

Longitude

-95.574

Latitude

29.7372