10777 Westheimer RdHouston, TX 77042

One Westchase Center, located at 10777 Westheimer Rd, Houston, TX 77042, presents a compelling value-add investment opportunity. This 12-story, Class A office tower boasts 466,025 square feet of net rentable space, situated on a 5.25-acre lot. Built in 1982 and extensively renovated in 2019 (reportedly totaling approximately $6.5 million), the property features a distinctive half-moon design with a striking 12-story atrium and water feature, creating a hotel-like atmosphere. Currently 68% occupied, the building benefits from a diverse tenant roster of 34 businesses, including engineering, financial, legal firms, and a global provider of executive suites. Since the start of 2023, 17 tenants have signed new leases, renewed, expanded, or right-sized, totaling over 123,000 square feet, demonstrating strong leasing momentum. The property offers ample amenities, including a renovated atrium, updated restrooms, a modern conference facility, high-speed elevators, a generous parking ratio (3.5/1000 RSF), and prominent monument signage. Its prime location in the Westchase submarket provides easy access to Beltway 8 (Sam Houston Parkway), major airports, and the Uptown/Galleria area. Seven vacant suites ranging from 750 to 38,800 square feet are available, presenting a clear path for occupancy growth. The building also features a first-floor lobby with an electronic tenant directory and an on-site courtesy officer available 24/7. Numerous dining and shopping options are within a short distance. This asset offers a strong foundation for value creation, given the increasing occupancy in the Westchase office submarket and current quoted rental rates of $27.69/RSF/YR for Class A & B office space.