Single-Tenant Office

National Oilwell Varco

Listing Price: $21,230,657

Cap Rate
5.91%
Gross SF
187,308
Rentable SF
125,494
Price/Gross SF
$113.35
Lot Size
4.30 acres
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 10000 Richmond Avenue, a single-tenant office building in Houston, Texas. Built in 1980 and renovated in 2003, the property spans 125,494 square feet on a 4.3-acre lot. The asset is occupied by National Oilwell Varco with an S&P credit rating of BBB+.

Investment Highlights

  • 125,494-Square-Foot Six-Story Office Building
  • Surface Parking and Two-Level Parking Garage
  • 18.5 Years Remaining on Absolute NNN Lease; Land and Improvements Provide for Depreciation

Exclusively Listed By

Single-Tenant Office

National Oilwell Varco

Listing Price: $21,230,657

Cap Rate
5.91%
Gross SF
187,308
Rentable SF
125,494
Price/Gross SF
$113.35
Lot Size
4.30 acres
Year Built
1980

Investment Highlights

  • 125,494-Square-Foot Six-Story Office Building
  • Surface Parking and Two-Level Parking Garage
  • 18.5 Years Remaining on Absolute NNN Lease; Land and Improvements Provide for Depreciation

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 10000 Richmond Avenue, a single-tenant office building in Houston, Texas. Built in 1980 and renovated in 2003, the property spans 125,494 square feet on a 4.3-acre lot. The asset is occupied by National Oilwell Varco with an S&P credit rating of BBB+.

Exclusively Listed By

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