1700 Loop Houston, TX 77027
This exceptional Class A office tower, totaling 273,163 square feet, boasts a 94% occupancy rate and is situated in Houston's prestigious Galleria submarket. The 14-story building, constructed in 1972 and extensively renovated in 2017 and 2021, sits on a 1.57-acre lot and offers ample parking (913 spaces per 1,000 sq ft). The property features a multi-tenant environment anchored by a major engineering firm with a substantial lease term remaining (7.2 years). This tenant, a top-ranked national firm, occupies a significant portion of the building. The building's location provides convenient access to major transportation routes and is within walking distance of numerous restaurants, Uptown Park, and a large hotel currently undergoing renovations. Its proximity to affluent residential neighborhoods like River Oaks, the Memorial Villages, and Tanglewood further enhances its desirability. The Galleria submarket itself offers a wealth of amenities, including over 24,000 apartments, more than 9,000 hotel rooms, and 6 million square feet of retail space, much of it within easy walking distance. This investment presents a compelling opportunity due to its strong cash flow, stable tenant base, and prime location in a thriving Houston submarket. The property's durable cash flow and attractive contractual yield make it an ideal addition to any portfolio.
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Commonwealth Commercial Partners - Houston, TX Real Estate Agency
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Regiment General Contractor
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1700 West Loop South Parking Lot & Garage
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HUNTINGTON OIL & GAS, LLC Oil & Natural Gas Company
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Burns & McDonnell Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.