Available For Sale - Office

55,382 SF

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LISTED BY

Brenna Leach
Colliers , 713-830-2130
David Carter
Colliers International, 713-830-2135
Ivonne Gonzales
Colliers International, 713-830-2161

AVAILABILITY DETAILS

Size
55,382 SF
Price/SF
N/A - Contact for Info
Listing ID
SA526593
Notes
Colliers is pleased to exclusively present for sale to qualified investors the opportunity to acquire 100% fee simple interest in Forum East Building, a three-story, ±55,382 SF, class B, multitenant office building. The asset is strategically located in the Southwest Beltway 8 submarket, with high visibility and access to Beltway 8.



• Seller financing available



• 70% LTV / interest only up to 5 years



• Stabilized cash on cash return in excess of 15%



• Forum East Building is a three (3) story, class B, multi-tenant office building constructed in 1979, renovated in 2002



• NRA - ±55,382 SF



• High visibility and direct access to Beltway 8



• Situated on ±2.285 acres with surface parking



• Parking ratio of 3.0 / 1,000 SF



• Signage opportunities



• Excellent access to all major thoroughfares via Beltway 8



• In close proximity to Westchase Business District and Memorial Hermann Southwest Hospital



Property Website: https://my.rcm1.com/handler/mode...
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brenna Leach, Colliers