INVESTMENT SALE I Bissonnet Campus

Description:

Office Investment Opportunity
Cash Flowing Investment | Covered Land Play

±13.08 Acres Total




Colliers is pleased to exclusively offer to qualified investors the opportunity to purchase the Bissonnet Campus, a three (3) property office portfolio, plus an adjoining 2.85-acre development tract, located in Houston, Texas. The campus is conveniently located on Bissonnet Street, between Beltway 8 and Interstate-69 near the Westchase Business District, Southwest area in Houston.


The portfolio also includes a 2.85 acre tract of vacant land along Deering Drive and adjacent to the campus. The properties are available to be purchased as a portfolio or as an individual property sale.




Investment Highlights:
• A rare investment opportunity featuring three (3) income-generating office buildings and one (1) prime development site
• Available for acquisition as a portfolio or individually
• ±250,000 SF of office with in-place Net Operating Income of $1,817,000
• Average Occupancy – 66% (across portfolio)
• ±13.08 acres of land
• Direct access to both Beltway 8 and US 69 via Bissonnet Street
• Prime business location in Southwest Houston, offering exceptional convenience with a wealth of nearby amenities







ASSET PROFILE




Project Name: The Atrium Tower

Address: 9894 Bissonnet St. Houston, TX 77036

NOI (In-Place): $739,841

Occupancy: 62%

Building Size161,537 SF

Land Area: 3.36 Acres

Year Built / Renovated: 1972 / 2014

# of Stories: 9




Project Name: 9896 Bissonnet

Address: 9896 Bissonnet St. Houston, TX 77036

NOI (In-Place): $408,845

Occupancy: 72%

Building Size: 108,229 SF

Land Area: 3.47 Acres

Year Built / Renovated: 1980

# of Stories: 6




Project Name: Westwood Atrium VIII

Address: 9898 Bissonnet St. Houston, TX 77036

NOI (In-Place): $668,079

Occupancy: 73%

Building Size: 110,519 SF

Land Area: 3.40 Acres

Year Built / Renovated: 1979

# of Stories: 6

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