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Property profile & analytics
FOR LEASE
Office Units

1301 Fannin St Houston, TX 77002

Built 1983
Entity Owned 3-yr Hold
Property ID
US83-4097808
Property summary
AI-generated overview

Spaces available in 1301 Fannin Office Tower! In the heart of Downtown Houston in between Clay Street & Polk Street Built in 1983 Renovated: 2009 & 2015 Higher than typical CBD densities between 2 parking garages with 5 options. In-Building Parking:, Executive Parking: $550/mo., Reserved Parking: $235/mo., Unreserved Parking: $175/ mo. Extra Parking Available in Clay Garage: Reserved Parking: $160/ mo., Unreserved Parking: $130/mo. Card Key Access 24-7 Manned Security Personnel, Digital Cameras Increasing ventilation rates in the work environment by increasing fresh air intake into the building 24/7 Installing MERV 13 High-Efficiency air filters and outfitting all elevator cabs with Fujitec IONFUL air filters which discharge Plasmacluster Ions that inactivate 99% of airborne viruses Increased cleaning frequency Ionized elevators Installed physical barriers at lobby security desks Additional Features: Energy Star Compliant, On-site Property Management, Concierge, Luby’s Etc. Restaurant, Multiple Conference Rooms, Executive parking options, Heavy Fiber & Colocation options, Game Room, Garage connected to building, Adjacent to: Green Street with multiple entertainment and dining options, Discovery Green, and the George R Brown Convention Center. Above average downtown parking ratios GreenStreet, Lifetime Fitness, Toyota Center, Discovery Green and Trebly Park provide an unbeatable experience offering a harmonious blend of entertainment, fitness nature, and convenience right at your doorstep

Property profile
Verified
Property type Office Units
Year built 1983
UPID US83-4097808
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
  • Graylog, Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • CloudPano (Bike/Boat/Book/etc) Store Corporate Office
  • Unvired Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • Netrality Data Centers Houston - Colocation & Interconnection Telecommunications Service
  • Houstonweb.net Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1301 Fannin Owner LP · 3 yrs held
1301 Fannin Owner LP
since 2023
6 recorded transactions
2023
Price N/A
2021
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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