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515 Post Oak Blvd Houston, TX 77027

Class A Houston Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Class A office tower, located at 515 Post Oak Blvd in Houston, Texas, presents a compelling value-add investment opportunity. The 12-story building boasts 274,583 rentable square feet and sits on a 3.12-acre lot. Built in 1980 and extensively renovated in 2018, the property offers a sleek design and efficient layout. Currently 73.6% occupied with a diverse tenant mix and 4.8 years of remaining lease term, this asset provides a durable cash flow stream with significant upside potential. Its prime location in Houston's Galleria/Uptown submarket, along Post Oak Blvd and Post Oak Park Dr., offers superior access to major thoroughfares and benefits from proximity to affluent residential areas like Tanglewood and River Oaks, along with a high-density luxury multifamily base. The building features top-tier amenities and is situated within a vibrant retail and entertainment hub. Ample parking is available, with 841 spaces per 1,000 square feet. The property's significant capital improvements and desirable demographics create a strong foundation for future growth and value appreciation. Seller financing is available. This is a rare chance to acquire a high-quality, value-add asset in a highly sought-after Houston submarket.

Highlights

  • State-of-the-art on-site amenities.
  • Prime Houston retail and entertainment district location.
  • Strong, stable cash flow with value-add opportunities.
  • Attractive demographics.
  • Located next to Houston's wealthiest neighborhoods.
  • Substantial recent capital improvements.

Property Details for 515 Post Oak Blvd

Property type
Office properties
Square Feet
274,583 SF
Class
A
Year Built/Renovated
1980/2018
Buildings
1
Stories
12
Lot Size (sq. ft)
135,907 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7533436
Longitude
-95.4527189
515 Post Oak Blvd, Houston, Texas

FAQs

What type of property is this?
Office property - Class A Houston Office Building, Value-Add Opportunity
Where is the office property located?
The property is located at 515 Post Oak Blvd Houston, TX.
What are key features of this property?
This property features: State-of-the-art on-site amenities.; Prime Houston retail and entertainment district location.; Strong, stable cash flow with value-add opportunities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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515 Post Oak Blvd
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