For Sale
$5,500,000

2600 Gessner Rd Houston, TX 77063

106,169 SF Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
Woodlake Plaza, a six-story, 106,169-square-foot Class B office building in Houston, Texas, presents a compelling value-add investment opportunity. Situated on a 3.5-acre lot at 2600 S Gessner Rd, 77063, this multi-tenant property boasts a strategic location with convenient access to Beltway 8 and the Westpark Tollway within the Westchase submarket. Built in 1974, the building currently has 55.7% occupancy. The property offers significant redevelopment potential given its size and location. Ample parking is available, with 292 spaces per 1,000 square feet. The property's location benefits from a large surrounding corporate presence and exceptional demographics, making it easily accessible to significant population centers. This is a fee simple interest offering with a weighted average lease term of 1.3 years. The asking price for this exceptional property is $5,500,000. This presents a rare chance to acquire a substantial office building with significant upside potential in a prime Houston location. The property's size and location make it an ideal candidate for redevelopment or repositioning.

Highlights

  • Value-add/redevelopment opportunity in prime Houston location.
  • Large corporate presence in surrounding area.
  • Excellent access to major population centers.
  • Exceptional demographics.

Property Details for 2600 Gessner Rd

Property type
Office properties
Square Feet
106,169 SF
Class
B
Year Built
1974
Buildings
1
Stories
6
Lot Size (sq. ft)
152,460 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7390084
Longitude
-95.5390693

FAQs

What type of property is this?
Office property - 106,169 SF Office Building, Value-Add Opportunity
Where is the office property located?
The property is located at 2600 Gessner Rd Houston, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Value-add/redevelopment opportunity in prime Houston location.; Large corporate presence in surrounding area.; Excellent access to major population centers.
How can I contact the broker?
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2600 Gessner Rd
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