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Property profile & analytics
FOR LEASE
Office buildings

16666 Northchase Dr Houston, TX 77060

151,262 SF 3.13 ac lot Built 1985
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US82-2032361
Property summary
AI-generated overview

This exceptional six-story Class B office building, totaling 147,135 square feet, presents a unique leasing opportunity. Built in 1985 and renovated in 2007, the property offers a range of configurations to suit various business needs. Currently, 131,075 square feet of space is available, divisible into units as small as 325 square feet, with a maximum contiguous space of 25,733 square feet. The building caters to both single and multi-tenant occupancy, offering traditional office spaces, executive suites, and coworking options. Amenities include convenient electronic access, a choice of open or closed office concepts, and the possibility of including existing furniture. The property boasts a prime location with direct access to I-45 and Beltway 8, ensuring easy commuting and proximity to the airport. Ample parking is available, with 15 surface spaces and 389 covered spaces. All pricing is negotiable, making this an attractive opportunity for businesses seeking a high-class, accessible, and adaptable workspace. On-site security provides peace of mind. Don't miss this chance to secure your ideal office space in a thriving location.

Property profile
Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 1985
Construction STEEL FRAME
Total area 151,262 SF
Lot 3.13 ac (136,125 SF)
APN 1121160000004
UPID US82-2032361
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
  • Law Offices of Elida Aguilar & Kevin L. Hicks Law Firm
  • 16666 Northchase Drive Real Estate Agency
  • Roof Savers Roofing Company General Contractor
  • RFA Innovation General Contractor
  • Gulf Valley Management, Inc. Property Management Company Investment Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$694k
Blend (final) Blend
$595k
Owner & transaction history
Bh Capital Ventures LLC · 8 yrs held
Bh Capital Ventures LLC
since 2018
4 recorded transactions
2018
Price N/A
2010
Price N/A
1997
Price N/A
1969
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?”
More about this property
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