701 Post Oak RdHouston, TX 77024

This exceptional Class B, multi-tenant office building at 701 N Post Oak Rd, Houston, TX 77024, boasts 120,678 square feet on a 3.18-acre lot. Built in 1971 and renovated in 2012, the property currently enjoys 88% occupancy, generating a strong net operating income (NOI) of $1,495,146. Its prime location on the edge of The Galleria and Memorial areas provides convenient access to major freeways, high-end retail, and restaurants, attracting a loyal tenant base of local businesses and residents. The building benefits from a stable cash flow due to a mix of long-term tenants. An assumable, fixed-rate loan at 4.5% with four years remaining is available. The strong demographics and convenient location make this a compelling investment opportunity, with potential for future redevelopment into a mid-rise condo. This property offers a rare combination of established income and significant upside potential in a highly desirable Houston submarket. The building's consistent occupancy and loyal tenant base demonstrate its enduring appeal and market strength. This is a turnkey investment ready for a new owner to capitalize on its existing success and future potential.