Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
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Business Management Consultant
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Factory Metal Fabrication Plant
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Insurance Agency
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Insurance Agency
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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