Available For Sale - Office

44,610 SF | Show Pricing $

Download Brochure

LISTED BY

Brenna Leach
Colliers , 713-830-2130
Christopher Winters
Colliers International, 713-830-2106
John Parsley
Colliers International, 713-830-2140
Jeff Peltier
Colliers International , 713-830-2182

AVAILABILITY DETAILS

Size
44,610 SF
Price/SF
Show Pricing $
Listing ID
SA534924
Notes
Strategic Investment Opportunity



Colliers is pleased to exclusively present for sale to qualified investors the opportunity to acquire 100% fee simple interest in the 2315 & 2347 Commerce buildings located east of Downtown Houston. This neighborhood is a growing part of the city offering entertainment, dining, residential and commercial development. Major employment centers are located nearby as well as many of the city’s sports complexes. These properties are strategically located on Commerce Street which is a major corridor leading into East Houston and the EaDo District offering a prime

location for office users, retail businesses, design firms, artists, and other creative workspaces.



2315 Commerce is a one (1) and two (2) story building consisting of approximately 16,873 SF.

2327 Commerce is a two (2) story building consisting of approximately 27,737 SF.

Both properties are located on ± 1.4395 acres of land and share a surface lot for parking.



• Property type: Office

• Stories: One (1) and two (2)

• Total RSF: ± 44,610 SF

• Land area: ± 1.4395 acres

• Construction: Masonry

• Not in a flood zone

• Tenancy: Office, retail, creative art

• Parking: 81 surface parking spaces

• 2315 Commerce built: 1939 Renovated: 2014-2016

• 2327 Commerce built: 1921 Renovated: 2015-2016

• Strategic Investment Opportunity

• Occupancy: 95%

• NOI $816,538

• Cap Rate: 9.1%
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