17001 Northchase Dr Houston, TX 77060-2141
Property summary
This exceptional Class A office building, CityNorth 5, presents a unique investment opportunity. Located at 17001 Northchase Drive in Houston, Texas, this 19-story tower boasts 461,185 square feet of vacant space, offering significant repositioning potential. Constructed in 1992 on a 2.81-acre lot, the property benefits from a strategic location off I-45 and Beltway 8, providing convenient access to George Bush Intercontinental Airport and Downtown Houston. The building's modern amenities include a fitness center, conference rooms, and advanced security systems. Recent renovations have upgraded the façade, outdoor areas, and lobby, including a new tenant lounge. Achieving LEED Gold certification in 2014, CityNorth 5 is well-positioned to capitalize on the ongoing redevelopment efforts within the North Houston District. The property's size and prime location offer substantial opportunities to attract new tenants and adapt to evolving market demands. Potential access to economic development incentives further enhances its appeal. This is a rare chance to acquire a significant asset in a thriving Houston submarket. The property is currently vacant, allowing for immediate implementation of modernization and repositioning strategies.
Property profile
VerifiedCap rate & NOI
Current use
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Title Company
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Hardware & Home Improvement Interior Design
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Corporate Office
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property 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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