You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

500 Dallas St Houston, TX 77002

930,730 SF 1.88 ac lot Built 1984
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US82-3826910
Property summary
AI-generated overview

Allen Center, a renowned 3.2 million square foot Class A complex in Downtown Houston's west side, presents an exceptional retail opportunity. This iconic development offers multiple spaces ranging from 500 to 3,250 square feet, catering to diverse retail concepts. Located within walking distance of over 31 million square feet of office space, Allen Center enjoys unparalleled access to a substantial and affluent customer base. The property boasts both street-level and tunnel-level spaces, providing flexibility for various business needs. The building's prime location ensures high visibility and foot traffic, making it an ideal location for restaurants and other retail establishments. This 50,000 square foot retail component is situated in Harris County and is part of a larger mixed-use development, ensuring a vibrant and dynamic environment. The opportunity to establish a presence in this established and highly sought-after location is unparalleled. The available spaces provide a chance to capitalize on the significant density of office workers and residents in the immediate vicinity. This is a unique chance to secure a retail space within one of Houston's most prestigious and well-connected commercial complexes. Contact us today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 930,730 SF
Lot 1.88 ac (82,106 SF)
APN 1035350000009
UPID US82-3826910
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
  • Moss Adams Accounting Firm
  • Chick-fil-A Restaurant Take-out & Catering
  • Brookfield Properties Real Estate Agency
  • Kate Broussard Thorne, Attorney at Law Law Firm
  • Marrs Joseph R Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$22.04M
Owner & transaction history
One Allen Center Co LLC · 15 yrs held
One Allen Center Co LLC
since 2011
7 recorded transactions
2016
Price N/A
2011
Price N/A
2011
Price N/A
2011
Price N/A
1996
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message