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Office

Park at Champions I & II

13810/13910 Champion Forest Drive, Houston, TX 77069

Listing Price: $6,400,000

Cap Rate
7.65%
Gross SF
63,629
Rentable SF
63,629
Price/Gross SF
$100.58
Lot Size
3.24 acres
Year Built
1981

Investment Overview

Marcus & Millichap is pleased to offer for sale, The Park at Champions, a 2-story two-building office complex located in a wooded environment at 13810/13910 Champion Forest Drive in Houston, Texas. The offering provides an investor not only a stabilized office investment with steady cash flow, but also an opportunity to purchase a well-maintained Class B suburban office building complex located in the affluent Champions Forest area of north Houston.

Interior finishes have been well maintained throughout the current ownerships history which includes upgraded restrooms. This outstanding property, strategically placed within a quiet wooded setting along Champion Forest Drive. The two-building complex allows an investor to reap the benefits of the current ownerships attention to detail and its attentiveness to its tenants.

The property offers residents and tenants access to national, regional and local retailers such as Bed, Bath and Beyond, Hobby Lobby, Ross, The Container Store as well as the convenience of numerous restaurant favorites such as Lupe Tortilla, Pappadeauxs Cajun Seafood, La Madeleine that are available for local business and residents in this center of commerce of north Houston.

Investment Highlights

  • Day One Returns Exceed 19% w/ Pro Forma Estimated Returns of Over 22%
  • Current Rents Below Market Average
  • Historically, Building Occupancy has Ranged Between 90% - 100%
  • Small Tenant Building = Minimal Rollover
  • Located in the Affluent Area of Champions Forest in North Houston
  • Ideal Investor or Owner/User Opportunity

Exclusively Listed By

Financing By

Listing Price: $6,400,000

Cap Rate
7.65%
Gross SF
63,629
Rentable SF
63,629
Price/Gross SF
$100.58
Lot Size
3.24 acres
Year Built
1981

Investment Highlights

  • Day One Returns Exceed 19% w/ Pro Forma Estimated Returns of Over 22%
  • Current Rents Below Market Average
  • Historically, Building Occupancy has Ranged Between 90% - 100%
  • Small Tenant Building = Minimal Rollover
  • Located in the Affluent Area of Champions Forest in North Houston
  • Ideal Investor or Owner/User Opportunity

Investment Overview

Marcus & Millichap is pleased to offer for sale, The Park at Champions, a 2-story two-building office complex located in a wooded environment at 13810/13910 Champion Forest Drive in Houston, Texas. The offering provides an investor not only a stabilized office investment with steady cash flow, but also an opportunity to purchase a well-maintained Class B suburban office building complex located in the affluent Champions Forest area of north Houston.

Interior finishes have been well maintained throughout the current ownerships history which includes upgraded restrooms. This outstanding property, strategically placed within a quiet wooded setting along Champion Forest Drive. The two-building complex allows an investor to reap the benefits of the current ownerships attention to detail and its attentiveness to its tenants.

The property offers residents and tenants access to national, regional and local retailers such as Bed, Bath and Beyond, Hobby Lobby, Ross, The Container Store as well as the convenience of numerous restaurant favorites such as Lupe Tortilla, Pappadeauxs Cajun Seafood, La Madeleine that are available for local business and residents in this center of commerce of north Houston.

Exclusively Listed By

Financing By

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