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    FOR LEASE
    Office buildings

    7600 San Felipe St, Houston, TX 77063

    12,648 SF 0.79 ac lot Built 1978
    Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-2480493
    7600 San Felipe St, Houston, TX 77063 For Lease
    $26 SF/Yr
    7600 San Felipe St, Houston, TX 77063
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    Property summary
    AI-generated overview

    This exceptional 7,500 square foot executive office space presents a unique opportunity in the highly desirable Galleria area of Houston, Harris County. Situated within a 14,490 square foot, two-story Class C building constructed in 1978, this property boasts a prime location at the corner of Woodway Drive and San Felipe Street, near the intersection of San Felipe and Voss. The building features a security system with cameras, ensuring a safe and secure environment for tenants. Ample parking is provided with a 3.8 per 1,000 square foot ratio in a gated surface lot, including covered parking options. The building's convenient location offers easy access to major thoroughfares, including I-10 via Voss Road and I-610 via San Felipe Street, providing seamless commutes for employees and clients. Surrounding the property are various office buildings, residential communities, and retail establishments, creating a vibrant and convenient environment. This multi-tenant building offers immediate occupancy for a single tenant seeking a substantial space or multiple tenants seeking smaller suites. The property is ideal for businesses seeking a prestigious address with excellent accessibility and ample parking in a well-established area. This is a rare opportunity to secure a significant footprint in a thriving Houston submarket.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1978
    Construction WOOD FRAME
    Total area 12,648 SF
    Lot 0.79 ac (34,325 SF)
    APN 1296300010001
    UPID US82-2480493
    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
    • Lion IT Solutions (Bike/Boat/Book/etc) Store Corporate Office
    • Watermark Companies Consultant
    • SKH PERSONNEL Consultant
    • WaterLogic, Inc. Agricultural Supply
    • Hicks Ventures Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $495k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $754k
    Blend (final) Blend
    $625k
    Owner & transaction history
    Cm Houston Properties 3 LLC · 14 yrs held
    Cm Houston Properties 3 LLC
    since 2011
    4 recorded transactions
    2020
    2011
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $805,000 +63.3%
    Warehouse, storage $780,000 +57.8%
    Retail stores $625,000 +26.3%
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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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