8 Greenway PlzHouston, TX 77046

Property Details for 8 Greenway Plz

Year built

1983

Construction

CONCRETE

Lot size

2.18 AC

Property size (Sq ft)

313,642 SF

Property type

Office properties

Property subtype

Office buildings

APN

1202040020001

APU

1202040020001

Description

This exceptional sublease opportunity presents 18,144 square feet of prime Class A office space within the prestigious Eight Greenway Plaza in Harris County. Located in a vibrant area between the central business district and The Galleria, this 15-story building offers an unparalleled location with easy access to a wealth of amenities. The entire Greenway Plaza campus boasts a rich selection of retail, dining, hotel, and recreational options, all within a five-minute radius of the building. The building itself comprises 255,305 square feet of total office space, ensuring a thriving and dynamic work environment. This single-tenant space is perfect for a company seeking a long-term sublease in a modern, well-maintained building. The available space features a brand-new build-out, ready for immediate occupancy. The building's Class A designation reflects its high-quality construction, modern infrastructure, and desirable location. This is an exceptional opportunity to secure a significant amount of executive office space in a highly sought-after location, offering both convenience and prestige. The sublease provides a long-term solution for businesses seeking a stable and well-appointed workspace in the heart of a thriving commercial district. Don't miss this chance to establish your business in this premier location.

• CAP approach

  CAP return

  Valuation

  6%

  $64,234,404

  6.5%

  $59,293,296

  7%

  $55,058,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $46,359,200

  Geo Method

  $93,901,280

• Alternative Use

  Use

  Valuation

  Residential

  $73,523,688

  Hospitality

  $67,347,304

  Educational

  $56,032,164

  Medical

  $57,959,196

  Retail

  $87,161,144

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7331

Longitude

-95.435

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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