2222 Bay Area BlvdHouston, TX 77058

For Sale
Call for price

65,818 SF Multi-Tenant Office in Bay Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment-grade office property, located at 2222 Bay Area Blvd in Houston, Texas, presents a compelling opportunity. The 65,818 square foot, Class B building, constructed in 1979, sits on a generous 4.04-acre lot and features two stories. The property is currently multi-tenant, offering immediate upside potential through the lease-up of several existing vacant spaces requiring minimal renovation. This presents a significant advantage for investors seeking a quick return on investment. The building's strategic location within an attractive Houston office submarket makes it ideally suited for a single corporate user or a multi-tenant corporate campus. The property offers ample parking, providing 3.9 spaces per 1,000 square feet. The building's current stabilized occupancy, coupled with the potential for increased rental income, makes this a truly attractive investment opportunity, offering a considerable discount compared to the cost of new construction. The property is situated in Harris County, Texas, with a zip code of 77058. This is a rare chance to acquire a well-located, multi-tenant office building with significant upside potential in a thriving market. The property's size, location, and existing infrastructure make it a highly desirable asset for both investors and corporate users.

Highlights

  • Investment-grade, stabilized office building in Houston, TX.
  • 65,818 square feet, multi-tenant, Class B office space.
  • Situated on a 4.04-acre lot with 3.9 parking spaces per 1,000 square feet.
  • Two-story building constructed in 1979, ideal for single-user or corporate campus.
  • Significant value-add opportunity through lease-up of vacant suites.

Property Details for 2222 Bay Area Blvd

Property type
Other office properties, Office properties
Square Feet
65,818 SF
Class
B
Year Built
1979
Stories
2
Lot Size (sq. ft)
175,982 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.5699089
Longitude
-95.1097429
2222 Bay Area Blvd, Houston, Texas

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2222 Bay Area Blvd
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